A loan of $1,925 helped a member to buy firewood.

Sinignessigui Group's story

The five members of the Sinignessigui group, all married women, average 36 years of age, with two children. They live mainly in polygamous families in Bougoula Hameau, a village in Sikasso, the third administrative region of Mali. They are on their seventh collaboration with the Soro Yiriwaso microfinance institution, with the goal of meeting customer demand. The prior loans have been properly reimbursed. The group members sell various items, such as firewood, which is the case of Tene.

Tene plans to use her loan to buy one truckload of firewood. She stocks up in the nearby villages, from farmers who have official permission for this. The firewood wood is tjem retailed for cash at the Hamdlalaye market and out of her home to a customer base composed of both men and women.

She plans to achieve an average monthly income of 100,000 West African Francs, which will be used for everyday family expenses and loan repayment. Her goal is to increase her sales volume and better meet customer demand.

In this group: Anchata , Mariam , Aminata, Tene , Abi

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Translated from French by Kiva volunteer Katharina S

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