A loan of $2,400 helped a member to buy ingredients for catering.

Sinignessigui (Préparer L’Avenir) Group's story

The group Sinignessigui is composed of six women from the village of Kimparana (San prefecture, Ségou region) who average 39 years of age and six children each. They live in polygamous households. The women of this group are all restauranteurs. Given their village's location, at a highly populated crossroads, they sell rice, beans, meat, fonio (a kind of millet), etc. locally in eateries.

To expand their businesses, the group members decided to join the Soro Yiriwaso loan program three years ago. The loan amounts have gone from 50,000 francs CFA for the first loan to 200,000 francs for the sixth solidarity loan. All the other loans have been correctly repaid.

The current loan will be used to buy sacks of rice, buckets of peanut butter, and other ingredients for catering. Thus, with this new loan, they each plan to realize an average profit of 230,000 francs in the course of this cycle. In addition to the loan payments, they intend to address common family expenses. These women have eateries or stalls as restaurants. They intend have restaurants in the future and to diversify their offerings by including cold drinks.

In this group: Maïmouna, Maïmouna , Chata , Tenin , Baro, Djeneba

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Translated from French by Kiva volunteer Daniel Kuey

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