A loan of $675 helped a member buying « kononkissè ». beads.

Horonya Group's story

The group Horonya is composed of seven married women mostly in monogamous households.  The women average 36 years of age and three children each.  They all live in the seat of the rural community of Cinzana Gare, in the region of Ségou (4th administrative region of the Republic of Mali).  They know one another through ties of kinship and marriage in the village.  They do commerce in rice, peanuts, fine accessories (bracelets, necklaces, and belts), wild fruit, and plastic ware (buckets and tubs). 

With the goal of increasing their working capital, the group members decided to collaborate with the micro-finance institution Soro Yiriwaso and are now on their second solidarity loan cycle. 

Ms. Bintou M. is much in demand for selling fine, traditional accessories in and around the village, especially during this wedding season.  She intends to use her loan for buying 10 kg of kononkissè beads and a spool of nylon string at the big market of Bamako.  To make a necklace, she first sorts the lot for the colored beads that might be attractive.  Then she threads the string through the needle and stacks the beads one by one along the string, according to the tastes of her customers.  She sells the necklaces at the village fair, at home, and by going door-to-door in the surrounding villages.  Generally accepting cash, she sells to a customer base composed exclusively of women.  

Just like the other women in the group, Bintou plans on making an average monthly profit of 23,000 francs CFA that will be put into savings and used to ensure household necessities and school supplies for the children.

In this group: Tata, Nènè , Djènèba , Massouda , Bintou , Djélika , Maïmouna

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Translated from French by Kiva volunteer Daniel Kuey

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