A loan of $550 helped a member to buy various goods.

Saniya Group's story

The four members of the group Saniya are essentially married women who average 43 years of age and 5 children each.  They live for the most part in polygamous families in KAMALEN SIRAKORO, one of the village in the Sikasso community (3rd administrative region of the Republic of Mali).  They have revenue-generating work selling shoes, charcoal, fruit, condiments, second-hand clothing, etc.
The group members are collaborating with the micro-finance institution Soro Yiriwaso in order to meet the needs of their customers and are now on their second solidarity loan.  The previous loan was properly repaid.  With their new loan, they intend to buy:  3 cart-loads of oranges, 2 packets of condiments, 12 dozen pairs of plastic footwear, and 2 bales of used clothing.  Supplies are gotten at the Sikasso City marketplace and in neighboring villages.  Sales are make in cash and often on credit to customers composed of men and women at the KAMALEN SIRAKORO marketplace, by going door-to-door, and in homes. 

The group members each hope to realize an average monthly profit of 23,500 francs CFA.  A portion of the profits will be put into savings and used for the family.  The other portion will be invested in their businesses. 

In this group: Nantenin, Maimouna, Mariam, Mariam

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Translated from French by Kiva volunteer Daniel Kuey

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