Total loan: $1,525
Fana , Koulikoro Region, Mali / Arts
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Djekafo Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy beads.
Djekafo Group's story
The Djèkafo group is made up of married women and widows who have an average age of 45 and, on average, 4 children. They all live in extended, traditional families in Fana-Coura neighborhood, in the town of Fana, in Koulikoro region (second administrative region of Mali). These ladies know each other as family, neighbors and friends. They sell necklaces, jewelry, clothing, rice and soap. This is their tenth group loan. Sira, the lady standing in the middle of the photo, plans to buy 5kg of different grades of beads from re-sellers in Bamako. She will use these beads to make necklaces, belts, etc. which she will then sell from her sales location to customers from Nangola, Banco and N'Golobougou. She sells for cash and often also on credit. Sira hopes to make an average monthly profit of 75,000 francs. She will use some of the money to meet her family's needs and will re-invest the rest in her business.