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Total loan: $1,675
Kimparana, Ségou Region, Mali / Food
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Teriya Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy condiments.
Teriya Group's story
The women of group Teriya are on average 41 years old with four children. They all live in traditional extended families in Kimparana / Segou (Mali’s fourth administrative region). These women met through their families and neighbors. They trade in condiments and various other items. After repaying their previous loans, the women of group Teriya are on their eleventh solidarity loan. Fatoumata, the first woman from the left in the photo, plans to use her loan to purchase 25 kilos of rice, 10 kilos of beans, 5 kilos of onions, 5 liters of oil, and one package of bouillon cubes. She buys her supplies locally. She retails to a mixed-gender clientele. She takes cash and often extends credits. She is counting on an average monthly profit of 45,000 XOF, which will be used to pay expenses relative to healthcare, food, clothing, and school. Any remainder will be reinvested in her business.