Funded

Total loan: $2,325
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Lafia Group

Mali
Ségou, Mali / Used Clothing

A loan of $2,325 helped a member to buy secondhand clothes for resale.


Lafia Group's story

The six women in the Lafia group are married and for the most part in nuclear families. They are 35 years old on average and have an average of four children each. They all live in the Darsalam neighborhood of the city of Ségou and know each other from their businesses in the Médine Ségou marketplace. They buy and sell kitchenware, local juices, embroidered fabrics, wax, scarves, and secondhand clothing. In order to increase their capital, the members of the group are on their 10th group loan with Soro Yiriwaso.

Mariam, (the woman seated in the photo,) is a great seller of quality new and secondhand clothing. She will use her loan to buy two bales of secondhand clothing. She sells her retail goods for cash and credit to a mixed clientele out of her home, while traveling, and at the Médine Ségou marketplace.

With this loan, Mariam hopes to earn an average monthly profit of 65,000 FCFA, which will be used to reinvest in her business and to support the education of the children in her household.

In this group: Hawa , Cissé , Sira , Bintou , Mayini , Mariam
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Brianne S



Loan details

Loan length:

9 months
Disbursed date: November 1, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: November 1, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children