A loan of $1,050 helped a member to purchase various items.

Wassa( La Satisfaction) Group's story

Wassa is a group of women from Baramba who know each other well and live in traditional large families with their husbands, children, and other parents. The women have an average age of 40 years, are married, and have at least 5 children each. The women of this group are in business selling various items, such as rice, peanuts, beans, baskets, etc. In order to expand their businesses, the members decided to partner with the loan program of Soro Yiriwaso. They are on their first group loan.

Mife is a member of the Wassa group, pictured seated in the middle of the photo. She plans to use her loan to purchase bags of beans and baskets for resale. She purchases the beans at the market and the baskets, which are made by her husband, she purchases locally. She sells these items at retail for cash from her home and in the market to a diverse customer base.

While the other members of the Wassa group hope to earn an average profit of 55,000 francs CFA at the end of the loan cycle, Mife hopes to earn 60,000 francs CFA. In addition to repaying the loan, the women will use a portion of the earnings to care for their family's expenses and to increase their business funds.

In this group: Mife, Chata Daouda, Sikignon, Korotoumou, Soumba, M’Bere, Warignon, Kadia, Teninba, Mamine

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Translated from French by Kiva volunteer Stephanie Long Phillips

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