A loan of $800 helped a member to buy clothes.

Siningnessigui Group's story

The Siningnessigui group is made up of 4 married women with an average age of 39 and, on average, 3 children. They live in traditional, extended family settings in the Heremakono Nord district of Bougouni town (3rd administrative region of Mali). They got to know each other thanks to friendships, neighbourly and business relationships. In order to strengthen their financial capacity so that they can better do business, the members of the group decided to join the Soro Yiriwaso microfinance institution and are on their 5th loan. The 4 preceeding loans were properly repaid. The women in the group sell clothing, cereals, drinks, peanut butter, condiments and various other items.

Raba, the group leader, is the woman standing on the far right of the picture. She buys and sells all sorts of clothing (for adults and children). She plans to use her loan to buy two dozen sets of clothing for children from the wholesalers at Bamako. She makes her sales at the market and from her home, to her retail clientèle, made up of men and women, for cash or credit. She expects to make an average monthly profit of 30 000 francs which will be reinvested in her business and used to repay her loan.

In this group: Kadiatou , Oumou , Djinessira , Raba

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details