Funded

Total loan: $1,150
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Parissi Group

Mali
Tènè, Mali / Retail

A loan of $1,150 helped a member purchase of miscellaneous items.


Parissi Group's story

The Parissi group consists of seven married women who live in Tènè, in the San prefecture, within the Ségou region (fourth administrative region of the Republic of Mali).

They average 38 years of age and have at least six children each. Their activities revolve around the restaurant business and the sale of condiments, wax pagnes (colorful West African cloth), fabrics, jewelry, etc.

In order to satisfy a steadily increasing customer base, the members of the group turned to the Soro Yiriwaso microfinance institution two years ago.

Hawa T. plans to use her loan to get supplies in Bamako. She will buy fifteen pieces of wax cloth, a dozen children’s fabrics, and two dozen jewelry pieces.

She hopes to earn a monthly profit of 22,500FCFA. In addition to repaying the loan, she will use part of her income for the children’s needs and other family expenses. As for the other group members, they expect a monthly profit of 18,000FCFA.

In this group: Hawa , Aminata , Mama , Fatoumata , Djeneba, Sali , Doni
*not pictured

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Loan details

Loan length:

8 months
Disbursed date: October 29, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 29, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children