A loan of $1,250 helped a member to buy rice.

Hakilitoyerela. Group's story

The four members of the Hakilitoyerela group are of an average age of 39, are married and have four children; they generally live in polygamous families in Siekourani which is in the sub-prefecture of the Loulouni region of Sikasso, the third largest region of Mali. They are on their fifteenth collaboration with the Soro Yiriwaso microfinance organisation, so that they can meet their customers' demands. This group of women sell food condiments alongside fruit, vegetables, firewood and cereals such as rice - all with the help of Mariam B. D.. Mariam D. aims to use her loan to buy 15 10 kg bags of rice. She sources her goods from Loulouni and the neighbouring villages.
The rice is sold for cash at the Loulouni market to a customer base made up of men and women. She envisages generating an average monthly profit of 16,750 FCFA; some of this will be saved for social ends and the other part will be reinvested in business activities.

In this group: Mariam B. , Djatou, Minata , Fatoumata

Translated from French by Kiva volunteer Danielle Treharne

Loan details

Lenders and lending teams

Loan details