A loan of $800 helped a member to purchase damask cloth.

Kotognogontala Group's story

The four members of the group KOTOGNOGONTALA are married women who average 36 years of age and five children each. The women live for the most part in polygamous families in HAMDALLAYE, a working-class district of Sikasso City.

The women are on their 8th loan with the microfinance institution Soro Yiriwaso to satisfy the needs of their customers. The previous loans were correctly paid back.

KANDIA, wearing blue in the photo, does commerce in dyed damask fabrics in this group of women. She intends to use her loan to purchase lengths of damask, which she dyes. She gets her supplies from the big market of Sikasso City and often in Bamako, the capital of Mali.

She resells the dyed fabrics locally at her home in the Hamdalaye district in Sikasso and often by special order. Her customer base is composed of men and women paying cash.

She envisions making an average monthly profit of 30,000 francs CFA. Part of the profits is used to repay the loan with interest, and the other part is for her savings.

In this group: Kadia , Mariyama , Ramatoulaye , Kandia

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details