A loan of $700 helped a member to buy condiments.

Nipagagnon 1 Group's story

Mostly married and living in traditional extended families, the seven women of Nipagagnon 1 Group have an average age of 41 and six children. They all live in the village of Kafono in Segou, the 4th largest administrative region in Mali. They know each other via neighborhood ties, work, and kinship. They buy and sell all sorts of condiments. In order to satisfy increasingly numerous and demanding customers, the group members decided to join Soro Yiriwaso and are on their first group loan. Ms. Hawa (first woman standing, from right to left, in the photo) excels at selling condiments. She is very sought-after. She plans to use her loan to buy 12 packages of Maggi seasoning, 3 boxes of tomato concentrate, 2 bags of salt, and 50 kg of onions from the fair in Koutiala. She makes her sales for cash to a retail clientele of women and men. With this loan, Ms. Hawa hopes to earn an average monthly profit of 20,000 FCFA which will be reinvested in her business and used to help her spouse take care of household needs.

In this group: Hawa, Minata, Sitan, Minata H, Rokia, Chata, Rokia M

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Translated from French by Kiva volunteer Frances Hsieh

Loan details

Lenders and lending teams

Loan details