Funded

Total loan: $1,000
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Farafina Lolo Group

Mali
Sikasso, Mali / Food Production/Sales

A loan of $1,000 helped a member to purchase condiments and smoke fish to sell.


Farafina Lolo Group's story

The five members of the group FARAFINA LOLO are married women, who average 38 years of age and four children each. The women live in monogamous families in QUARTIER BABEMBA, a working-class district in Sikasso City (3rd administrative region of the Republic of Mali). They are on their third loan with the microfinance institution Soro Yiriwaso out of concern for satisfying the needs of their customers.

Ms. KADIA does commerce in condiments in this group of women. She is the one standing second from the left in the photo. She intends to use her loan to purchase about 20 kg of smoked fish and a box of Cube Magi that she sells retail locally and at the Medine market.

She envisions making an average monthly profit of 22,500 francs CFA. Part of the profits is used to pay back the loan with interest, and the other part goes toward her savings.

In this group: Mamou , Saran , Rokia , Djeneba , Kadia
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

7 months
Disbursed date: February 11, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: February 11, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children