Funded

Total loan: $825
Powered by 30 lenders

Fayida Group

Mali
Tominian , Mali / Food Production/Sales

A loan of $825 helped a member to buy condiments.


Fayida Group's story

The women of the "Fadiya" group are on average 40 years old with four children and all live in large extended households in Tominian, the main local city in the fourth administrative of the Republic of Mali. These women know each other through family connections and run businesses buying and selling clothing and food condiments. After having properly repaid their previous loans, the women of the Fadiya group are on their second solidarity (group) loan. Aissata, the woman sitting all the way on the right in the photo, intends to use her loan to buy 10 kg of dried fish, 30 kg of onions, 20 packets of Maggi cubes, and 10 kg of chili peppers. She gets her supplies in Tominian and makes her sales to a clientele comprising men and women, in cash and often on credit. She foresees realizing an average monthly profit of 30,000 FCFA, which will be used to pay for expenses relating to health, food, clothing, and school fees, with the rest being reinvested in her business.

In this group: Aissata , Maimouna , Louissi , Rebeka
*not pictured

Translated from French by



Loan details

Loan length:

7 months
Disbursed date: November 6, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: November 6, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children