Funded

Total loan: $775
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Fokaben Group

Mali
Siemana , Mali / Food Production/Sales

A loan of $775 helped a member purchase of white clay.


Fokaben Group's story

The women in the Fokaben group are all married, average 47 years of age, have an average of three children and live in extended traditional families in the village of Siemana, in the prefecture of Barouéli, in the region of Ségou (fourth administrative region of the Republic of Mali). They met each other through relatives, and trade in clay.

The women of the Fokaben group are on their fifth group loan, having repaid without incident the four previous loans. This new loan will be used to buy bags of white clay. They get most of their supplies in Barouéli and sell on the market in Barouéli and in surrounding fairs, for cash, on a retail basis, and on credit, to a customer base made up exclusively of women, who are the sole consumers of this material.

They envisage making an average monthly profit of 35,000 FCFA each which will be used for daily family expenses, with the balance been reinvested in their business.

In this group: Bintou , Oumou , Yaya , Sitan , Sitan
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Alison Le Bras



Loan details

Loan length:

6 months
Disbursed date: February 25, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: February 25, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children