A loan of $925 helped a member to buy wax-print "pagnes".


Heremakono Group's story

The six members of the HEREMAKONO group are mostly married women who, on average, are 43 years old and have four children each. Most of them live in polygamous families in Mamassoni, one of the suburbs of the city of Sikasso (third administrative region of Mali). This is their eleventh loan with the microfinance institution Soro Yiriwaso, and they are taking this loan to meet the needs of their customers. Previous loans were all successfully concluded. Among this group of women, Adiaratou sells wax-print and "real-wax pagnes" (colorful West African fabrics). In the photo, she is sitting in the second position from the left. She is a well-known seller and her goods are in high demand. With her loan, she is planning to buy ten sets of wax-print "pagnes" from wholesalers. She resells door-to-door and within her family, for cash or on credit, to a customer base which consists of men and women. She is expecting average monthly profits to reach 22,500 CFA francs, part of which will be used to repay her loan and the interest, while the rest will be saved.

In this group: Awa, Bonkana , Aminata, Kadiatou , Assitan , Adiaratou
*not pictured

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Translated from French by Kiva volunteer Sophie Narayan



Loan details


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Loan details