A loan of $1,025 helped a member to buy pagnes.

Limanya Group's story

The four members of the LIMANIYA group are married women who are, on average, 32 years old and have three children. They live mostly in polygamous families in Sanoubougou I, one of the main districts of the city of Sikasso (the third administrative region of Mali).
They are on their third loan with the microfinance institution Soro Yiriwaso with the goal of meeting the demand of their customers.
Mrs. Mariam, seated second from the left, is in the business of buying and selling fabric.
She plans to buy 50 Wax pagnes (brightly colored lengths of cloth) and other types of pagnes of varying quality which she will sell at retail at the main market in Sikasso, as well as within her family to a clientele of men and women, on credit.
She foresees earning an average monthly profit of 25,000 FCFA, a part of which will be used to pay the loan with interest. The rest will go into savings.

In this group: Mariam, Aminata, Korotoumou, Mariam

Translated from French by Kiva volunteer Shannon Arnold

Loan details

Lenders and lending teams

Loan details