A loan of $1,275 helped a member to purchase gourds.

Ambenakan Group's story

The group named Ambenakan of the Sinignessigui association is composed of 6 married women who live in the sub-prefecture of Kimparana, prefecture of San, and Region of Segou (fourth administrative region of the Republic of Mali). They live in large traditional families and they are known through neighbors, and through family. They are 43 years old on average and they each have 9 children.

The members of this group joined the loan program at Soro Yiriwaso (Kiva Field Partner) five years ago and they are on their 9th loan cycle.

They have had their revenue generating activity for about 17 years, involved in the buying and selling of condiments, various merchandise, and gourds.

Korotimi M. plans on purchasing 35 packages of gourds at San, Bla and at the fairs in the area. They carry out their sales in Kimparana and at the fairs in the area to a clientele made up primarily of women. They sell in cash and credit. She expects to earn a monthly income of 29000 FCFA but the other members of the group expect a monthly income of 24500 FCFA. This income will be used to repay debts, to provide for her family’s needs and to reinvest in the business in order to increase it.

In this group: Awa, Rokia, Sitan, Sanata, Korotimi, Haby

Translated from French

Loan details

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Loan details