Funded

Total loan: $1,075
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Imora Group

Mali
Sikasso, Mali / Food Production/Sales

A loan of $1,075 helped a member to purchase onions.


Imora Group's story

The ten members of the Imora Group are principally married women who, on average, are 30 years old, have 3 children and live mainly in monogamous families in Sikasso.

This is their first loan with microfinance institution Soro Yiriwaso, which they are seeking in order to satisfy the needs of their customers.

Kadia Ousmane, standing at the far left in the photo, sells onions. With her loan, she plans to purchase 500kg of different types of onions from wholesalers at the large market in Sikasso and from producers in the neighboring villages. She resells them at retail, for cash and credit in a permanent family stall in the large market in Sikasso, to a group of customers made up mainly of women.

She expects to make a monthly profit of 25,000 CFA francs, part of which will be used to repay the loan and its interest, while the remainder will go into savings.

In this group: Sitan , Afoussatou Nouhoum , Kadiatou Birama , Fatoumata B. , Anchata , Assanatou , Ramata, Kadia Ousmane, Fatoumata Yacouba, Afousatou Abdoulaye
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Jessalyn Pinneo



Loan details

Loan length:

8 months
Disbursed date: August 15, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 15, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children