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Total loan: $850
Bougouni, Sikasso, Mali / Food
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Baara Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped buy ingredients to make flatcakes.
Baara Group's story
BAARA The Baara group consists of four women of whom three are married and one is single. They are on average 35 years old with three children and live in traditional extended families in the North Heremakono neighborhood of the city of Bougouni. They became acquainted through neighborhood ties, friendship and commerce. To strengthen their financial capacity to improve their businesses, they joined the Soro Yiriwaso institution where they are on their fifth loan. The previous four loans were repaid. This group of women sell flatcakes like Sayon who is the woman sitting in the photo. She intends to use the loan to buy 150 kg of sorghum, 100 kg of maize and 5 kg of shea butter from wholesalers in Bougouni. She conducts her retail sales at the market and at home, against cash or on credit to a mixed clientele. She expects average monthly profits of 35,000 CFA francs to be invested in the business and used to repay the loan.