A loan of $1,425 helped a member to buy telephone cards.

Dembagnouma Group's story

The women of the Dembagnouma group are all married, are on average 44 years old with three children, and live in traditional extended families in the city of Fana, in the Banankabougou district, in the Dioïla prefecture of the Region of Koulikoro (the second administrative region of the Republic of Mali).

The know each other through family ties and are involved in the business of selling charcoal, firewood and telephone cards.

The women of the Dembagnouma group are on their eighth group loan and FRANCOISE T. plans to use her loan to buy rechargeable telephone cards on a regular basis from the wholesalers in her area. She makes her sales daily from her home for cash and on credit, to a clientele of men and women.

She hopes to make a monthly profit of 40,000 CFA which will be used to repay the loan, cover health related expenses, and pay for food and school expenses, with the rest being reinvested in her business.

In this group: Awa, Fanta, Francoise, Kadia

Translated from French by Kiva volunteer Shannon Arnold

Loan details

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Loan details