A loan of $1,125 helped a member purchase of various items.

Alahou Group's story

The seven members of the ALAHOU group (6 married women and 1 single woman) are on average 35 years old with 2 children. Most live in monogamous families at Sanoubougou I, a district of the city of Sikasso (third administrative region of Mali). This is their second loan from the Soro Yiriwaso microfinance institution in order to satisfy their customers’ needs. The first loan has been fully repaid. This group of women sell various items such as onions and sell shoes and fabrics with Aminata C., the group's president. Aminata C. plans to buy 12 boxes of shoes and 20 pagnes (a colorful West African cloth) with her loan. She gets her supplies at the large market and sells them on a cash basis in town and from her home to a clientele composed of men and women. She hopes to make an average monthly profit of 40,000 CFA of which a part will be used to help her husband provide for the family's needs and the remainder will be invested in the business. Her goal is to increase her sales to better satisfy her customers.

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

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Translated from French by Kiva volunteer Connie Archea

Loan details

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Loan details