A loan of $525 helped a member buy clothing fabric.


Champion. Group's story

The five members of the Champion group are married women, and are on average 45 years old, with five children and live in polygamous families in Sanoubougou I, one of several populous neighbourhoods in Sikasso (3rd administrative region of Mali). This is their first collaboration with the Soro Yiriwaso MFI, with the purpose of satisfying their customers’ needs. They run different businesses, among which the sale of food condiments, atiécké (cassava-based food preparation), and clothing fabrics (as with Mariam Cissé). With her portion of the loan Mariam Cissé will buy 20 bolts of cloth. She gets her supplies from the main market in Sikasso and from Burkina Faso, a country adjacent to Mali. She resells in the various markets of Sikasso and in the neighbourhoods, to a customer base of both men and women, and generally for cash. Whereas Mariam expects her average monthly earnings to reach 17,000 FCFA, the other group members are hoping for 12,500 FCFA, of which part will be put into savings and the remainder invested in the commercial activities. The women in the Champion group have the ambition to increase customer satisfaction and consequently their turnover.

In this group: Kadiatou , Chata , Salimata, Batoma, Mariam
*not pictured

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Translated from French by Kiva volunteer René McConnell



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