A loan of $525 helped a member to buy oranges.

Balimaya Group's story

The members of the BALIMAYA group are mostly married women who are on average 33 years old and have three children each. Most of them live in monogamous families in Hamdallaye, one of the working-class neighborhoods of the city of Sikasso (third administrative district of Mali). This is their first loan with the Soro Yiriwaso micro-finance institution; their goal is to meet their customers' needs. Aichata is the woman standing in the middle. Aichata buys and sells oranges. With her loan, she is planning to buy ten baskets of oranges which she will sell for retail at the Médine market in Sikasso and also from her home, for cash, to mostly female customers. She expects average monthly profits to reach 17,500 CFA francs, part of which will be used to pay off the loan and interests, while the rest will go into savings. Her goal is to increase her turnover in order to better satisfy her customers.

In this group: Aichata , Aby , Sitan , Mafoune , Aminata
*not pictured

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Translated from French by Kiva volunteer Sophie Narayan

Loan details

Lenders and lending teams

Loan details