A loan of $650 helped a member to buy beauty products.

Diekabara Group's story

The Diekabara group is made up of married and single women, who average 34 years of age with two children each. They live in traditional families in the Torakabougou district of Bougouni (the Republic of Mali's third administrative region). They got to know each other through relatives and friends.

With the aim of satisfying their customers and expanding their businesses, they decided to join the microfinance institution, Soro Yiriwaso, so that they could carry out their trading activities selling condiments, cereals, and in the case of Awa B., beauty products. They are on their second group loan and the previous loan was repaid in full.

With this new loan, Awa B. is planning to buy two cartons of perfume, ten dozen hair extensions and creams. She gets her stock from suppliers in Bamako in order to resell them on a retail basis in her kiosk located in the Torakabougou district of Bougouni, for cash and on credit to a customer base made up of men and women. With this loan she is expecting to make a monthly profit of 20,000FCFA, of which part will be used to repay the loan and the rest reinvested in the business.

In this group: Alimata , Awa , Asetou , Timbele
*not pictured

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details