A loan of $1,750 helped a member purchase of oranges, shoes, and cocoyams.

Dembagnouma Group's story

The members of the Dembagnouma group (composed of 6 married women and one unmarried) have an average age of 35 with on average, 2 children. They live in the Kaboila II district of the town of Sikasso.

The women of this group have varied commercial activities but the main one is selling oranges, cooking oil, shoes, and cocoyams.

They work with the micro-finance institution Soro Yiriwaso so as to satisfy the needs of their clientele. They are on their 5th solidarity loan (group loan). All the preceding loans have been correctly reimbursed.

With this loan they intend to buy 10 wagon loads of oranges, 10 dozen shoes, and 20 sacks of cocoyams. They do their buying right in Sikasso, in Bobo (Burkina Faso), and in Bamako (capital of Mali). The products are sold retail and mostly for cash in the market of the town of Sikasso, in the neighborhood and in certain markets in nearby villages, to a clientele composed of women and men.

They each hope to make an average profit of 20,000 F CFA monthly, money that will be used to cover family expenses, investing any remainder in their businesses.

In this group: Adiaratou, Kadia, Korotoumou, Chata, Diarra, Sali, Assétou

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Translated from French by Kiva volunteer Teresa Kramer

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