A loan of $1,450 helped a member to buy pearls.

Ankadi Group's story

The Ankadi group has six members. Most of them are married. On average, they are 39 years old and have five children. Most of them live in polygamous families in Sanoubougou I, one of the working class neighbourhoods in Sikasso. This is their fifth group loan with the microfinance institution Soro Yiriwaso to help them meet customer demand.

Awa, standing second from the left, trades pearls. She is hoping to use her part of the loan to buy pearls at Sikasso to make pearl necklaces. She will then resell the necklaces from home and at the Sikasso grand market. Her customers are mainly women, who pay cash.

Awa expects to make 35 000 CFA francs on average per month, part of which will be used to pay off the loan and interest, and part of which will go towards her savings.

In this group: Awa , Fatoumata , Fanta Diallo , Adiaratou , Sariyou , Massoufouri

Translated from French by Kiva volunteer Lucy Knight

Loan details

Lenders and lending teams

Loan details