A loan of $1,050 helped a member to purchase various goods, such as earrings and necklaces, to sell.

Yeredon Group's story

The group YEREDON is composed of married women, who average 34 years of age and four children each. They all live in traditional families in the village of BOUMOUTOU, in Commune de KERELA, Préfecture de Dioïla, Région de Koulikoro (2nd administrative region of the Republic of Mali). They know one another through ties of kinship, community, and friendship. They do commerce in condiments, cake, soap, onions, 'baigne', clothing, and general goods.

The women of the group YEREDON are on their second solidarity loan. With the goal of satisfying the enormous demand from their customers, they turned to the microfinance institution Soro Yiriwaso.

This client, AMINATA, who is the second person standing from the right in the photo, is uneducated. A vendor of various goods, she intends to purchase with her money a box of earrings and a bag of necklaces from wholesalers in Bamako. Sales are made to a mixed customer base paying cash at her home and sometimes by going door to door. She plans on making a profit of 20,000 francs CFA per month that will be invested in raising small ruminants.

In this group: Bati, Adia, Lala, Atoumata, Kadiatou, Kadiatou, Aminata, Sitan, Mariam, Mariam

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Translated from French by Kiva volunteer Daniel Kuey

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