A loan of $425 helped a member to buy soap.

Kounandi Group's story

Kounadi is a group of four women who are all married, average 35 years of age and have on average four children each. The majority of them live in monogamous families in Sanoubougou 1, one of the districts of the town of Sikasso (Mali's third administrative region).

They are collaborating for the first time with the microfinance institution, Soro Yiriwaso, with the goal of satisfying customer demand. This group of women sells a variety of general products, including soaps (as is the case for Kadia C.), firewood and children's clothing.

With her loan, Kadia C. is planning on buying ten cartons of soap. She gets her supplies at the large market and sells them, for cash and on a retail basis, in neighboring villages and within her family, 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: Kadia , Kadia Brehima, Oumou , Biba

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Translated from French by Kiva volunteer Alison Le Bras

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Loan details