A loan of $550 helped a member to buy fruit.


Royal Group's story

The five members of the Royal group (three married women and two single women) average 30 years of age and have on average two children each. They live in mongamous families in Sanoubougou 1, one of the districts of the town of Sikasso (Mali's third administrative region).

They are on their first loan from the microfinance institution, Soro Yiriwaso, with the goal of satisfying customer demand. This group of women sell a variety of things, such as fruit and vegetables (as is the case for Mariam T.), condiments, firewood, clothes and incense.

With her loan Mariam T. is planning on buying two barrow loads of fruit and vegetables from the peasants that produce them, and then sell them at the market and within the family, on a retail basis for cash and on credit, to a customer base made up of men and women.

She is expecting to make an average monthly profit of 50,000FCFA, of which part will be used to help her husband with the daily expenses and the rest invested in her business.

In this group: Mariam , Kadiatou Hadia, Mariam , Assanatou , Mariam

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Translated from French by Kiva volunteer Alison Le Bras



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