A loan of $875 helped a member to purchase soap to sell.

Bolodobolo Group's story

Bolodobolo is a group in the association BENKADI de TIELE Il. It comprises six women who know one another through ties of kinship and community. The women average 40 years of age, are married, and are mothers with at least six children, and they run different businesses, such as buying and selling clothing and soap, as is the case with KADIA, who is second from the right in the photo. The women live in large traditional families in TIELE, in the Prefecture of Kati (Region of Koulikoro, Republic of Mali). They have been operating in small-scale commerce for several years and are much in demand in their businesses.

Concerned about satisfying the growing needs of their customers, the group members decided to join the Soro Yiriwaso loan program two years ago. They are now on their third solidarity loan.

KADIA, who is the group's president and well-known in TIELE, excels in selling soaps. She intends to use her loan to purchase 50 boxes of soap. She gets her supplies in Bamako from wholesalers, and she sells her supplies retail, cash or credit, to a customer base composed of men and women.

She is hoping for a monthly profit of 20,000 francs CFA that will enable her to repay the loan and to reinvest in her business.

In this group: Kadia , Fatoumata, Lala , Kadia , Djeneba, Minata

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Translated from French by Kiva volunteer Daniel Kuey

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