A loan of $1,000 helped a member to purchase 'pagne' cloth.

Miriyagnouma Group's story

The five members of the group MIRIYAGNOUMA are essentially married women, who average 37 years of age and three children each. The women live for the most part in polygamous 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. ASSANA does commerce in 'pagnes' (the colorful cloth of western Africa) 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 10 lengths of 'pagne' cloth that she sells retail locally and at the market in Sanoubougou II.

She envisions making an average monthly profit of 22,000 francs CFA. Part of the profits are used to pay back the loan with interest, and the other part goes toward her savings.

In this group: Assana , Pene , Oumou, Maimouna, Ramata

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details