A loan of $700 helped a member to buy second-hand clothing.

Dembagnouma Group's story

The DEMBAGNOUMA group is made up of five married women, one widow, and one single; their average age is 38 years old and an average of five children. A majority of the women live in traditional families in the Massablacoura quarter in Bougouni.

They are known across the lines of neighborhood, friendship, and trade. To reinforce their financial capacity in order to better their business, they joined the microfinance institution Soro Yiriwaso and this will be their first loan. The group of women is in the business of selling clothing and second-hand clothing. She will buy the used clothing to be purchased with this loan, one package of clothing from the wholesalers in Bamako. She makes sales at the market and at home in cash and credit to a clientele made of men and women. She expects to make an average of 15.000FCFA which will be invested in the business activities and payback the loan.

In this group: Haby , Fanta , Assetou , Mamou , Safi , Kadia , Mamou

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Translated from French by Kiva volunteer Christina Pack

Loan details

Lenders and lending teams

Loan details