A loan of $1,025 helped a member to buy bolts of wax and damask pagnes.


Dembagnouma Group's story

The Dembagnouma group is made up of 2 married women and 2 widows. The group members live mainly in traditional families and have an average age of 44 and, on average, 3 children. They all live in the town of Sikasso (3rd administrative region of Mali) and got to know each other thanks to family and neighbourly relationships, and marriage. The members of the group sell yams, charcoal, shoes, oranges and wax pagnes (highly colourful and decorative West African fabric). The group members decided to join Soro Yiriwaso in order to increase their business and are on their 14th group loan cycle.

Chata (sitting on the far right in the picture) is the group member who sells wax and damask pagnes. She plans to use her loan to buy 4 bolts of wax pagnes and 3 bolts of damask pagnes. She gets her supplies from the wholesalers and makes her sales for cash or credit, at home and at the market, to a retail clientèle made up of men and women. Thanks to this loan, Chata expects to make an average monthly profit of 52 500 francs, part of which will be reinvested in her business and part of which will be used to help her husband cover some of the family's expenditures.

In this group: Adiaratou , Chata , Salimata , Assetou

Translated from French by Kiva volunteer



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