A loan of $725 helped a member to buy rice.

Faïda Group's story

Most of the women who compose the Faïda group are married in traditional families. They average 34 years of age and 3 children each, and they all live in the city of Sikasso (third administrative region of Mali). They know each other through neighborhood and family ties, and also through their professional activities.

They sell various general goods, soap, condiments for cooking, used clothing and grains. In order to increase their businesses, the members of the group have joined Soro Yiriwaso and this is their second solidarity loan. They have duly repaid their first loan.

Standing in the middle of the group, Lala is planning to use her loan to buy 1,000 kg of rice from local wholesalers in Sikasso.

She sells from home and at the market, to a customer base made up of men and women.

With this loan, Lala is expecting average monthly profits to reach 40,000 CFA francs, which will be reinvested in her business and also used to take care of some of her family needs.

In this group: Mariam , Aminata , Abysina , Mariam , Lala

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Translated from French by Kiva volunteer Sophie Narayan

Loan details

Lenders and lending teams

Loan details