A loan of $725 helped a member purchase of clothes.

Alahou Group's story

The seven members of the ALAHOU group (five married women and two single women) average 28 years of age with one child. The majority of them live in monogamous families in SANOUBOUGOU 1, one of the districts of the town of Sikasso (the third administrative region of Mali). They are on their first loan from the microfinance institution, Soro Yiriwaso, which they are taking out in order to satisfy their customers' needs. The members of the group have a variety of businesses, which include the sale of soap, powdered milk, sugar, children's clothing (as in the case of Assanata Lassine Traoré) and shoes.

With her loan, Assanata Lassiné Traoré is planning to buy nine dozen clothes for children. She gets her supplies at the large market in Sikasso Town. The clothes are then resold in different markets and on a door-to-door basis in the various districts, to a customer base made up of men and women, mainly for cash. She envisages making a monthly profit of 17,500FCFA, of which part will be saved for social ends and the rest invested in her business. Her ambition is to increase her turnover in order to become a wholesaler and satisfy her customers more readily.

In this group: Aminata, Awa, Kadiatou, Kadiatou, Assanata Lassine, Mariam, Awa

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Translated from French by Kiva volunteer Alison Le Bras

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