A loan of $600 helped a member to buy fresh milk.


Yerekun Gnini Group's story

The six members of the Yerekun Gnini group are married women averaging 33 years of age, with three children. They live mainly in polygamous families in Siekourani, a village in the Louloni commune, in the Kadio district, the the third administrative region of Mali (Sikasso).

They are on their third loan with the Soro Yiriwaso microfinance institution, with the goal of meeting customer demand. The prior loans have been duly repaid.

Salimata, the first one seated on the left in the photo, is a group member who sells fresh milk. She plans to use her loan to buy 170 liters [about 45 gal] of fresh milk. She buys from local farms around the village of Siekourani. She sells at the Sikeourani market and the market in the town of Louloni on market days, to a customer base composed of both men and women, for cash. She plans to achieve an average monthly revenue of 17,000 West African francs, one part of which will be used to pay off her loan, and the other part for savings.

In this group: Maminata , Fatoumata , Awa , Fatoumata , Nawa , Salimata

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Translated from French by Kiva volunteer Katharina S



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