A loan of $1,050 helped a member to buy calabashes.


Ambenakan Group's story

The women of the "Ambenakan" group are on average 40 years old with five children and all live in traditional extended households in Kimparana, in the San circle, in the Ségou region (the fourth administrative region of Mali).
These women know each other through neighbourhood and family links, and run businesses selling various items such as calabashes (bottle gourds).
After having properly repaid their previous loans, the women of the Ambenakan group are on their 11th solidarity (group) loan.
Awa (standing first from the right in the photo) intends to use her loan to buy 50 packages of calabashes. Awa gets her supplies from the wholesalers at Bla and sells her goods at Kimparana and at the weekly market days in the area. She makes her sales at retail, in cash and on credit, to a clientele composed mainly of women.
With this loan, she hopes to realize an average monthly profit of 41,500 FCFA, which will be used to repay the loan, pay for health, food, and school expenses, and reinvest in her business.

In this group: Awa , Rokia , Korotimi , Haby

Translated from French by Kiva volunteer



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