100%

funded

Total loan: $1,800

Yeredon Group

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Segou, Segou, Mali / Food

Yeredon Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy sachets of water for resale.


Yeredon Group's story

The seven women of the Yeredon Group all live in traditional families. They are, on average, 28 years old and have two children. The women live in the Sebougou district of Ségou (fourth administrative region of the Republic of Mali). The group know one another through their neighbourhood, family, marriage and business ties. The members of the group sell cereals, foodstuffs, clothing and sachets of water. In order to increase their working capital the group works with the field partner, Soro Yiriwaso, this will be their third group loan. Fatoumata (standing on the right in the photo) sells sachets of water in her district. She will buy a large quantity of sachets in Ségou and sell them for cash or on credit from her home, on foot or at the market, to her various customers. Fatoumata hopes to make an average monthly profit of 35,000 francs CFA over the loan cycle, which will be used to provide for her children and increase her working capital. She hopes to continue working with Soro Yiriwaso.