A loan of $500 helped a member to purchase 'pagne' cloth.

Wassa Group's story

All of them married in traditional extended families, the five women of the group Mougnou average 41 years of age and six children each. The women all live in the village of DALLAN de SAN, in Région de Ségou (4th administrative region of the Republic of Mali), and they know one another through ties of community, marriage, and kinship. They work in food service and sell a variety of items.

With the goal of increasing their business capital, the group joined the microfinance institution Soro Yiriwaso and are now on their first solidarity loan.

Ms. FATOUMATA (first person standing from the left in the photo) is well-known for selling clothing. She intends to use her loan to purchase 10 lengths of 'pagnes' (the colorful cloth of western Africa). She gets her supplies from SAN wholesalers. She makes her sales in cash to a customer base composed of men and women.

With this loan, Ms. FATOUMATA hopes to make an average monthly profit of 15,000 francs CFA that will be used for reinvesting in her business and meeting household needs.

In this group: Fatoumata, Fatoumata, Fatoumata, Diara, Awa

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details