A loan of $650 helped a member purchase of fresh chili peppers.


Wassa Group's story

The Wassa group is made up of married women, most of them from monogamous families, each with an average age of 34 and three children. They live in the Médine neighborhood of Ségou (fourth administrative region of Mali) and know each other through blood and neighborhood ties, as well as marriage.

The group members sell condiments (peanut butter, chili peppers, “Sounbala” (a popular West African condiment), gumbo powder and garlic powder), prepared foods, and ointments. In order to be able to build up their stock of goods, they decided to work with Soro Yiriwaso and are on their first group loan cycle.

Mrs. Sitan Traoré plans to use her loan to buy 500 kilograms of fresh chili peppers. She buys her fresh chili peppers wholesale from the Koutiala stallholders at the big market in Ségou. These chili peppers are then dried in the sun for at least a week on tarps in a corner of the courtyard in order to preserve them. They resell them for cash and credit, door-to-door and at the Médine market in Ségou; their customers are generally women.

With this loan Mrs. Sitan Traoré plans to make an average monthly profit of 30,000 CFA, which will be used to meet the secondary needs of the household and to reinvest in the business.

In this group: Oumou , Mah , Ami , Baye , Sitan , Adama

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Translated from French by Kiva volunteer Robin Clochard



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