A loan of $800 helped a member to buy black-eyed peas and peanuts.

Siminya Group's story

The group consists of four women, the majority of whom are widowed. They are on average 45 years old and have on average 4 children. They all live in the Darsalam neighborhood in Ségou, which is the 4th administrative region of Mali. They know each other from their businesses at the Médine Ségou market. The group members sell beans, black-eyed peas, peanuts, and baskets. In the goal of growing their business funds, the group members decided to collaborate with Soro Yiriwaso and are on their fifth group loan. Mrs. Dado (the first woman standing on right in the photo) has a big reputation in selling black-eyed peas and peanuts in Darsalam. She plans to use her loan to buy 2,000 bunches of black-eyed peas and peanuts. She resells them for cash or credit from home to a clientele composed mainly of men. Mrs. Dado hopes to make 40,000 FCFA monthly with this loan, which will be used to reinvest into her business. Like the other women in the group, Mrs. Koumba hopes to build a long-term business in her partnership with Soro Yiriwaso.

In this group: Dado , Aminata , Aminata , Djènèba
*not pictured

Translated from French by Kiva volunteer Sherry W.

Loan details

Lenders and lending teams

Loan details