A loan of $2,025 helped a member buying condiments for cooking.

Confiance Group's story

The ten members of the group CONFIANCE are essentially married women averaging 35 years of age and two children.  They lives in monogamous families in OUAYERMA I, a district in Sikasso City (3rd administrative region of the Republic of Mali). The group members are on their twelfth collaboration with the micro-finance institution Soro Yiriwaso in order to meet the needs of their customers.  All the previous loans have been settled. The women of the group sell condiments, and they work in food service.  

KADI S., who is the group’s president, excels in buying and selling condiments for cooking.  With her new loan, she is planning to buy 15 packs of condiments.  She gets her supplies at the big market of Sikasso.  Accepting cash and often credit from a customer base composed of men and women, she sells out of her home and in neighboring village.  KADI envisions making an average monthly profit of 48,500 francs CFA.  Part of the profits will be put into savings and used to meet family needs.  The other part will be invested in her business.  

In this group: Kadi, Maimona , Fatoumata, Adjara , Salimata , Fatoumata , Fatoumata, Fanta , Fati , Bibata

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Translated from French by Kiva volunteer Daniel Kuey

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