A loan of $1,275 helped a member to buy cosmetics.


Wassomagni Group's story

The Wassomagni group is a group of eight women from the village of Yangasso. Their average age is 40, they are all married, and they have at least four children each. The members of the Wassomagni group sell cosmetics and make food. In order to satisfy the needs of their customers, whose continue to grow in number, they decided to join Soro Yiriwaso's loan program and this is their first loan cycle.

Bahawa (sitting down, wearing white), plans to use her loan to stock up at the wholesaler's in Bamako. She will buy ten cartons of cosmetics: ointments, creams, deodorants, perfumes, baby powder, face base, eau de cologne and nail polish.

Bahawa makes her sales as an itinerant vendor and also sells from a fixed location in the market and from home. She makes her sales on credit and for cash to a diverse and varied group of customers. She hopes to make a profit of 30,000 CFA francs a month which she will use to repay her loan and help her husband. The other women in the group plan to make a profit of 26,000 francs a month.

In this group: Bahawa , Fatoumata , Djelika , Assam , Awa , Kokoni , Bintou , Kassé
*not pictured

Translated from French by Kiva volunteer Linda Oxnard



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