A loan of $600 helped a member to buy soap.


Yereta N°2 Group's story

Married mostly in traditional extended families, the 6 women of the Yereta N°2 group are on average 41 years old and have 5 children. They live in the village of Niazekan in the region of Segou (4th administrative region of Mali) and know each other through neighborhood ties, professional activities, and kinship. They practice in the buying and selling of all kinds of condiments, cereals, soaps and various other goods. With the goal of satisfying the needs of their customers, who are more and more numerous and demanding, the members of the group decided to join the Soro Yiriwaso loan program. This is the first group loan. Chata Solo (the first woman standing in the photo with the red scarf) excels in the selling of soap. She is very sought after in the business. She hopes to use her loan to buy 2 bags of kabakourouni soap (a locally made soap) and 2 bags of Barika Tigui soap. She procures her goods in Koutiala. She makes her sales in cash or credit, retailing to customers who are men and women. With this loan, Chata Solo hopes to make an average monthly profit of 175,000 francs CFA, which she will use to reinvest in her business and help her husband take care of the household needs.

In this group: Chata Solo , Sitan , Djenebou Sékou , Kadiatou , Chata Kari , Gaspin
*not pictured

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Translated from French by Kiva volunteer Lindsay Ferrara



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