A loan of $525 helped a member purchase of various articles for re-sale.

Dembagnouman Group's story

The women of the Dembagnouman group (all married), have an average age of 35 and on average, 3 children. They live in traditional extended families in Sanoubougou I, one of the neighborhoods of the town of Sikasso (third administrative region of Mali).

They have various businesses, among others the sale of cosmetics, drinks, fruit, condiments, etc. They are on their first loan with the micro-finance institution Soro Yiriwaso. With this loan, they intend to buy 10 packs of condiments, 15 crates of drinks, and 10 cartons of cosmetics.

They do their buying generally from wholesalers at the big market in Sikasso, and in the surrounding villages from the farmers, in so far as certain condiments are concerned. They sell at the market and in the neighborhoods, door-to-door, to a clientele composed of women and men, generally retail and for cash.

They each expect to make a profit of 15,000 F CFA per month, of which part will be used for needs of their families and the rest will be invested back into their businesses.

In this group: Sali, Adiaratou, Mamou, Bintou, Aminata

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details