A loan of $2,250 helped a member to purchase clothing to sell.

Kankele Group's story

Kankele is a group of women from the Darsalam I district in Koutiala City. They live in large traditional families with their husbands, children, and other relatives. The women average 38 years of age, and they are married mothers of at least two children each. This group of women does commerce in a variety of goods, such as cosmetics, 'pagnes' (the colorful cloth of western Africa), condiments, etc.

To increase the size of their businesses, the group members decided to join the loan program of the microfinance institution Soro Yiriwaso. They are now on their ninth group loan after having correctly repaid the eight previous ones.

Awa, who is standing at the far right and wearing a blue scarf, is a member of the group Kankele and does commerce in clothing and cosmetics. She intends to use her loan to purchase packs of clothing to sell retail, for cash or on credit, at the house and at the market. Her customer base is diverse and varied. She is much in demand and highly appreciated among Ghanaians at the big market of Koutiala.

While the other group members each plan to make an average monthly profit 158,750 francs CFA over the course of the cycle, Awa plans on making 210,000 francs. In addition to repaying the loan, the women use part of the revenues to deal with personal expenses and to increase their business capital.

In this group: Mariam , Awa , Djélika, Djélika , Sétou , Awa , Tene , Aïda

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Translated from French by Kiva volunteer Daniel Kuey

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