A loan of $1,000 helped a member to purchase pagnes, a brightly colored local fabric.


Teriya (Amitié) Group's story

Teriya is a group of women from Koutiala who live together in the same neighborhood, in large traditional families with their husbands, children and co-spouses. They are 53 years old on average, married, and the mothers of at least four children. The Teriya group buys and sells cosmetic products, clothing, and spices for cooking and catering. In order to increase the size of their businesses, the members of the group decided to join the credit institution of Soro Yiriwaso eight years ago. Souaré, who is one of the members, buys and sells clothing. She is sitting in the center of the photo, dressed in a green boubou, or dress. She is holding the merchandise on her legs (the pagnes, or brightly colored local fabric) and is wearing a necklace around her neck. She expects to use her loan to buy measures of pagnes. She gets her merchandise in bulk at the big markets in Koutiala and Bamako in order to re-sell them at retail to a diverse customer base. While the other members of the Teriya group expect to make a monthly profit of 105,000 FCFA each during this cycle, Souaré expects to make 110,000 FCFA. Along with paying back her loans, she will use a part of her revenue to pay for her family's current expenses. She hopes to strengthen this partnership with Soro Yiriwaso in order to diversify her business.

In this group: Aby, Aby , Tènè , Souaré , Mawa

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Translated from French by Kiva volunteer Martha Schmitz



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