A loan of $800 helped a member to purchase condiments to sell.


Sindiya Group's story

The four members of the group SINDIYA are married women averaging 37 years of age and three children each. The women live in polygamous families in NOUMOUSSO, a working-class district in Kadiolo City. They are on their third loan with the microfinance institution Soro Yiriwaso to satisfy the needs of their customers. The past loans were correctly paid back.

DJENEBA, who is sitting first from the left in the photo, buys and sells condiments, as well as Wax and Real 'pagnes' (the colorful cloth of western Africa) in this group of women. She intends to use her loan to purchase 5 packs of condiments. She gets her supplies from the villages neighboring Kadiolo City and from wholesalers at the big market of Sikasso City on market days. Accepting cash and credit, she sells them retail to a mixed customer base at the Kadiolo City market and at home.

She envisions making an average monthly profit of 20,750 francs CFA. Part of the profits is used for repaying the loan and the interest on it, and the other part is for her savings.

In this group: Kadiatou , Minata , Djeneba , Bamouke

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Translated from French by Kiva volunteer Daniel Kuey



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