A loan of $3,225 helped a member buy grain cereals.

Dissibaw Group's story

The Dissibaw group consists of eight married women who on average are 36 years old with three children. They all live in traditional families in Meridiela, one of the villages around Bougouni.

They became acquainted through neighborhood ties, friendship and commerce. To strengthen their financial capacity to improve their businesses, they joined the Soro Yiriwaso microfinance institution where they are on their ninth loan. Previous loans have been fully repaid. This group of women trade in grain cereals, pagnes (colorful West-African cloths), cosmetics, fried cakes and catering.

Oumou is sitting in the middle. She purchases and sells grain cereals. She intends to use her loan to buy 1.6 tonnes of corn from farmers and producers in the area surrounding Meridiela. She sells at the Meridiela market, at fairs in surrounding villages and through home sales. She sells retail for cash and credit to both men and women customers.

She expects to make an average monthly profit of 95,000 FCFA she will use to invest in the business and repay the loan.

In this group: Oumou, Kadiatou, Niegnedie, Minata, Nakan, Niamankolo, Konimba, Fanta

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Translated from French by Kiva volunteer René McConnell

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