A loan of $1,825 helped a member to buy fruit.

Ankadi Group's story

The 6 members of the Ankadi group are married women with an average age of 40 and, on average, 5 children. They mainly live in monogamous families in Sanoubougou II, one of the popular districts of Sikasso town (3rd administrative region of Mali). This, their 7th loan from the Soro Yiriwaso microfinance institution, has been requested so that they can satisfy their customers' needs.

Fatoumata is the group member who sells fruit. She is standing second from the right in the picture. She plans to buy a large supply of mangoes and oranges from the farmers. She makes her sales, for cash or occasionally credit, at the Hamdallaye market and door-to-door to a retail clientèle made up of men and women. She expects to make an average monthly profit of 40 000 francs, part of which will be used to pay off the loan and its interest and part of which will used to build up her savings.

In this group: Massoufouri , Adiaratou , Fanta , Sariyou , Awa , Fatoumata
*not pictured

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details