A loan of $325 helped a member to buy various goods such as groundnuts, coconuts, sesame, and ginger.

Laidou Group's story

The women of the Laïdou group are, for the majority of them, married in extended traditional families, averaging 39 years of age and 5 children each. They all live in Sienso, a village located in the Segou region (fourth administrative region of Mali). They know each other through family, neighborhood, and professional ties. They prepare meals, sell vegetables, firewood, and various other goods.

In order to meet the needs of increasingly larger and more demanding groups of customers, these women have decided to join Soro Yiriwaso loan program. This is their second solidarity loan, which they are taking after having properly repaid their first loan.

Soutoura (standing, first from the right in the photo) successfully sells various goods. She is a popular seller and her merchandise is in great demand in Sienso and its surroundings. She is planning to use her loan to buy a large quantity of various goods such as peanut plants to extract groundnuts, coconuts, sesame, and ginger to make juice. She buys her supplies every Monday at the market in San. She sells from her stall located directly on the side of the busiest north-bound road. She sells for cash, to a customer base which consists of men and women.

With this loan, Soutoura is expecting average monthly profits to reach 10,000 CFA francs, which will be reinvested in her business and also used to help her husband provide for the family.

In this group: Soutoura, Ada, Oumou, Alima, Lafia, Kadia

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Translated from French by Kiva volunteer Sophie Narayan

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