A loan of $625 helped a member buying food items.

Djantoyerela Group's story

The women of the group Djantoyerela are all married.  They average 29 years of age and two children each living for the most part in monogamous families in Noumouss, a district of Kadiolo City (3rd administrative region of the Republic of Mali).  The group members are on their fifth collaboration with the micro-finance institution Soro Yiriwaso.  All their previous loans have been repaid.

The group members have a diversity of businesses, including the sale of fruit and vegetables, condiments, peanut butter, grains, etc.  With this new loan, they intend to buy 4 packets of condiments, 8 to 15 baskets of fruit and vegetables, and two 100-kg sacks of peanuts for making peanut butter.

They get their supplies at the big market of Kadiolo City and from neighboring towns.  The merchandise is sold mostly for cash at the Kadiolo City market and often together as a family.  The customer base is composed of women.

The group members each envision making an average monthly profit of 18,500 francs CFA.  Part of it will be used for day-to-day needs and savings.  The other part will be invested into the businesses.

In this group: Sitan, Kadiatou, Gnama, Rokia

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details