A loan of $600 helped a member to buy groundnuts for resale.

Dembagnouman Group's story

The group Dembagnouman consists of four married women who belong to monogamous families. They average 35 years of age and four children each. They all live in the city of Segou (4th administrative region of Mali), and they know one another as neighbors and through ties of kinship. They sell groundnuts and rice.

To strengthen their activities, the group members joined the Soro Yiriwaso microfinance institution. This is their seventh group loan cycle.

Mrs. Fatoumata (2nd from the left) is a successful reseller of a wide variety of groundnuts. She will use her loan to buy 150 kg of groundnuts. She conducts her sales for cash and on credit in the district of Pelengana, in Segou, to a clientele composed of both men and women.

Fatoumata expects to earn an average monthly profit of 25,000 FCFA, which will be used to invest in her activity and to help provide for her children. Her goal is to make her activity sustainable through her partnership with Soro Yiriwaso in order to bolster her economic endeavors.

In this group: Mariam, Sitan, Assétou, Fatoumata

Translated from French

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