Funded

Total loan: $1,125
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Dembagnouma Group

Mali
Fana , Mali / Retail

A loan of $1,125 helped a member to buy various articles.


Dembagnouma Group's story

The members of Dembagnouma Group are married women who, on average, are 41 years old and have four children. They live with their husbands and children in traditional families in the neighborhood of Banankabougou in the city of Fana, region of Koulikoro in the Republic of Mali. These women are united by their socioprofessional relationship and their bonds of friendship let them know the microfinance institution Soro Yiriwaso. This is their fifth group loan with our institution and they have repaid their previous loans on schedule.

They will use their loan to buy charcoal, firewood and milk from farmers in the villages near Fana. They sell their merchandise mostly cash and wholesale in Bamako, the capital city of Mali, to their clients who are usually retailers.

They expect to make an average profit of 20,000 CFA francs (US$44) each per month. They will not only reinvest their profit in their businesses, but also use it to pay for their children's school fees.

In this group: Aïchata, Awa , Fanta , Francoise , Kadia
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Robert Mouris



Loan details

Loan length:

6 months
Disbursed date: August 25, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 25, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children