A loan of $1,575 helped a member purchasing traditional "pagnes" fabrics.

Lolo Group's story

The five members of the Lolo group (3 married women and one widow) average 26 years of age, with three children, and live mostly in monogamous families in the Babemba district of the city of Sikasso (the third administrative region of Mali).

They are on their sixth collaboration cycle with the microfinance institution Soro Yiriwaso, their goal being to meet customer demand. The previous loans have been well repaid. This women’s group sells fabrics, as, for example, Afou T. does.

Afou T. plans to use her loan to purchase 35 sets of traditional “pagnes wax” fabric. She stocks up at the big market of Sikasso and in Bamako.
She resells the “pagnes wax” fabrics at the Medine market in Sikasso and out of her home, for cash, to a customer base composed of women and men. She plans to achieve an average monthly income of 95,000 West African francs, to be used towards everyday family expenses.
Her goal is to increase her sales volume and better meet customer demand.

In this group: Afou, Rokia, Aminata, Fatou, Djeneba

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Translated from French by Kiva volunteer Katharina S

Loan details

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Loan details