Total loan: $2,225
M'Pessoba, Sikasso Region, Mali / Retail
Djiguiseme Group's loan finished fundraising, but these other borrowers need your support
A loan helped to buy cosmetic products.
Djiguiseme Group's story
The Djiguiseme group gathers women from the M'pessoba village of Koutiala. All the members of the group are married and live in large traditional families with their husbands, children and other relatives. They are, on average, 36 years old and also have an average of at least four children each. This group of women buys and sells various goods such as condiments, thread, fabrics, oil, flour, vegetables, fruits and other various products. In order to boost their businesses, they have decided to join the loan program offered by Soro Yiriwaso, and this is their fourth solidarity loan. Sanata, the featured borrower, sells cosmetic products (ointments, creams, perfumes, deodorants). In the photo, she is seated first from the left. She is planning to use her loan to buy some cosmetic products at the Grand Market, and will resell them on a retail basis from home and at the market to a diverse group of customers. While the other members of the Djiguiseme group are each expecting to make an average profit of 125,000 CFA francs during this loan cycle, Sanata is expecting to make a profit of 130,000 CFA francs. The members of the group will use part of their earnings to repay their loans and also to cover their personal expenses and increase their businesses.