A loan of $1,025 helped a member the purchase of various products.

Balimaya (La Parenté) Group's story

Balimaya is a group of women from the Darsalam neighborhood of Koutiala who know each other well and who live in large traditional families with their husbands, children and other parents. They are on average 35 years old, all married and the mothers of at least 3 children each.
This group of women runs businesses selling various goods such as the sale of products meeting basic needs, catering, fruits and vegetables, clothing, grains, etc. To increase the size of their businesses, the group members decided to join the Soro Yiriwaso credit program 3 years ago. They are on their fifth group loan, having paid back all of their previous loans in full.
Mariam Sangaré is a member of the group Balimaya, who runs a boutique buying and selling various goods. She expects to use her loan to buy various merchandise (sugar, tea, candy, cookies, pasta, soaps, oil, powdered milk, etc). She buys her merchandise at the big market in Koutiala with wholesalers. She buys products for retail and for cash in a well-equipped boutique, to a diverse and varied client base. While the members of the group Balimaya expect to make an average profit of 120,000 FCFA each during the course of the loan, Mariam Sangaré expects to make 150,000 FCFA.
Besides paying back the loans, they will use a part of their income to deal with their families' current expenditures. They wish to see their partnership with Soro Yiriwaso reinforced so that they will have no further breaks in their supplies.

In this group: Kadia, Fanta , Djènèba , Oumou , Mariam

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Translated from French by Kiva volunteer Martha Schmitz

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