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Dembagnouman Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy fish.
Dembagnouman Group's story
This new loan will be used to buy 72 baskets of fresh fish and 100 ice bars, provided by carriers coming from Bamako. They get their fish supply on the banks of River Niger, then they dry part of it on gravel, on straw or on "seccos". The fresh fish will be sold on location in Kirango and in Diamarabougou Markala, or kept refrigerated in ice and sold at the Castle Market in Ségou and in Bamako. The dried fish will partly be stockpiled until the water level of the river drops in winter and they can sell it at a higher price, and partly be sold in Dougabougou, Siribala, N., Shango and Boussin, as well as at the weekly market in Ségou. They also sell smoked fish, mainly in Ségou. Most of their sales are for cash to a clientele made up of women and men.
They expect to make an average monthly profit of 75,500 CFA francs which they will spend on small household expenses and use to take part in social events (baptisms, weddings and funerals). Their ambition is to buy livestock so as to build houses for their children in future, because their father's house belongs to them all and nobody has the ownership of it.
Translated from French by Robert Mouris, Kiva Volunteer