A loan of $1,625 helped a member to buy peanuts.

Yiriwa Group's story

The Yiriwa group is made up of eight women, mostly married and living in monogamous families, and are on average 37 years old and have four children. They live together in the village of Dougounikoro in the Barouéli prefecture (4th administrative region of Mali) and know each other through family and marriage ties. The Yiriwa group deals in various products: incense, soap, stainless steel cups, peanut butter, cookies made from millet, tea, and telephone cards.
They decided to get involved with Soro Yiriwaso with the goal of increasing their working capital, and they are on their third joint loan.
Mrs. Fatoumata S., who is quite successful at selling peanut butter, plans to use her loan to buy five sacks of peanuts. She gets her peanuts wholesale at the market in Konodimini.
To make peanut butter, the peanuts are shelled (by hand), she selects the best peanuts for grilling and then takes them to the mill for grinding. The resulting peanut butter is ready to be sold in small pots or at retail in small plastic bags. Her clientele consists mainly of women who buy from her home and in the town of Ségou, who pay in cash and sometimes on credit.
Like the other members of the group, Fatoumata S. hopes to make an average monthly profit of 35, 000 FCFA which will used to pay for their children’s schooling and to reinvest in their business.

In this group: Saran , Djènèba , Ami , Kadia , Fatoumata , Assan , Assan , Kala

Translated from French by Kiva volunteer Shannon Arnold

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