A loan of $2,750 helped a member to buy cereals.

Pima Group's story

The Pima group is composed of 7 women (6 married, 1 widow) with an average age of 42 and, on average, 5 children. They mostly live in nuclear family environments in the Massabla Coura district of Bougouni town. They got to know each other thanks to neighbourly and business relationships, and friendships. In order to strengthen their financial capacity so that they could better do business, the members of the group decided to join the Soro Yiriwaso microfinance institution and are on their 8th loan. The 7 preceeding loans were correctly repaid. The women in the group sell cereals, clothing and condiments.

Mariam, the group leader and the only woman sitting down, buys and sells cereals such as corn, rice, millet and fonio, as well as groundnuts and beans, etc. She plans to use her loan to buy 1 tonne of rice, 500 kgs of fonio and 500 kgs of groundnuts from the farmers of Bougouni and the surrounding area. She makes her sales at the market and door-to-door to her retail clientèle, made up of men and women, for cash or credit. She expects to make an average monthly profit of 80 000 francs which will be reinvested in her business and used to repay her loan.

In this group: Mariam , Fatoumata , Djelika , Kadiatou, Awa , Safi , Djeneba
*not pictured

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details