A loan of $500 helped a member to buy peanuts.

A N Massika Group's story

Most of the five women in the An Massika group are married in polygamous families. The average age of the women in the group is 43 years, and they have an average of four children each. They all live in the town of Fabougou, in the Ségou region (fourth-largest administrative region of Mali). They met one another through neighbors, spouses, and relatives. They buy and sell charcoal, grain, peanuts, and sugar.

Striving to increase their business, the group members decided to work with Soro Yiriwaso and are on their first group-loan cycle.

Mariam (woman seated on the far-right in the photo) is a highly respected seller of peanuts in her town and in the surrounding areas. She plans to use the loan to buy three bags of peanuts at the market in Konodimini. She resells her goods from home, for cash or for credit, to a clientele of mostly women. With the loan, Mariam plans to earn an average monthly profit of 15,000 FCFA, which she will reinvest in her business and use to buy condiments for her home.

In this group: Mariam, Bintou, Kadia, Fatoumata, Ayira

Translated from French by Kiva volunteer Holden Ferry

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Loan details