A loan of $1,050 helped a member to buy cosmetics.


Laydou Group's story

The members of the Laydou solidarity group are married women who average 37 years of age and four children. They all live in extended traditional families in the city of Barouéli, prefecture of Barouéli, in the Ségou region (fourth administrative region of the Republic of Mali).

They know one another as neighbors and through ties of kinship and friendship. They sell clothing, cosmetics, fruits and vegetables.

The Laydou members are on their 12th group loan. Djeneba D. gets her cosmetics weekly in Bamako and at the local market of Barouéli. She conducts her sales from a stall at the Barouéli market, for cash or credit, to a clientele composed mainly of women.

She expects to earn an average monthly profit of 50,000FCFA which she will use to make loan repayments and pay for healthcare, food and tuition, the remainder to be reinvested in the business.

In this group: Assan , Goundo, Atoumata , Bakani , Djeneba

Translated from French by Kiva volunteer



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