A loan of $525 helped a member to buy and resell cloth.


Kodamine Group's story

The members of the KODAMINE group are 4 married women and one widow. They average 30 years of age and 2 children, and most of them live in monogamous families in SANOUBOUGOU I, one of the neighborhoods in Sikasso, in the third administrative region of Mali.

They are seeking their second loan from Kiva's partner, the microfinance organization Soro Yiriwaso, in order to meet customer demand. The previous loan was repaid without problems. This group of women trades embroidered fabrics through ASSITAN C..

ASSITAN C. intends to use her loan to buy 35 embroidered "pagnes" (colorful African cloth). She gets her supplies at the grand market in Sikasso. She resells, for cash and on credit, at the SANOUBOUGOU I market in Sikasso, as well as at her home, to a clientele comprising men and women.

She foresees turning a monthly profit of XOF 45'000 (ca US$ 90), to be used to provide for her family's daily expenses and to repay the loan.

In this group: Assitan , Kadiatou , Mariam , Bintou , Mariam

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Translated from French by Kiva volunteer Patrick Stadelmann



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Loan details