Total loan: $500
N'Gara, , Mali / Food
Djiguissèmè Group's loan finished fundraising, but these other borrowers need your support
A loan helped to buy papayas.
Djiguissèmè Group's story
The five members of the Djiguissèmè group are all married women living mainly in monogamous families. They average 49 years of age, with three children. They all live in the N’gara village in the Sègou region (the fourth administrative region of Mali) and know each other as neighbors or relatives, as well as through their commerce. They retail cereals, fruits and vegetables. With the goal of bolstering their working capital, the group members have decided to collaborate with Soro Yiriwaso and are now on their fourth solidarity loan. Mrs. Fatoumata (the one seated in the top row on the far left in the photo) is a well-known vendor of fruits and vegetables of all kinds in the N’gara village and the nearby region. She plans to use her loan to buy 20 baskets of papayas from village farmers. She resells for cash and on credit, out of her home and at the Konodimini market, to a customer base composed of both men and women. Thanks to this loan, Mrs. Fatoumata hopes to earn an average monthly revenue of 17,000 West African francs, which will be used to reinvest in her business and provide for her children’s needs. Her goal is to start raising small livestock thanks to the savings she will be able to grow with Soro Yiriwaso.