A loan of $1,800 helped a member to purchase condiments.

Sali's Group's story

The nine members of the group TIESSIRI are essentially married women, who average 40 years of age and four children each. The women live for the most part in polygamous families in BOUGOULA VILLE, a working-class district in Sikasso City (3rd administrative region of the Republic of Mali). They are on their ninth loan with the microfinance institution Soro Yiriwaso in order to satisfy the needs of their customers.

SALI, the first person standing from the left in the photo, is the seller of condiments in the group. She intends to use her loan to purchase 4 packs of material, 5 boxes of tomato paste (small, medium, and large cans), 6 baskets of fresh vegetables, and 4 sacks of potatoes. She gets her supplies from peasant producers and wholesalers. Accepting cash or credit from a customer base composed essentially of women, she makes her sales retail at home and at the market.

With this loan, Ms. SALI plans on making an average monthly profit of 37,500 francs CFA that will be used for reinvestment in the business and helping her husband to cover certain family expenses. Her ambition is to increase her sales, so as to satisfy her customers more.

In this group: Sali , Awa, Kiatou , Mariam , Achatou , Diara , Fatoumata , Mariam , Kadia

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Translated from French by Kiva volunteer Daniel Kuey

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