A loan of $525 helped a member to purchase condiments.

Saniya Group's story

The group Saniya is composed of ten women who are for the most part married in polygamous families. The women average 36 years of age and four children each. They all live in the village of Djoni, in Région de Ségou (4th administrative region of the Republic of Mali). And they know one another through ties of community and kinship. They have small-scale businesses involving condiments, tomatoes, salt, edible plants, etc.

With the goal of consolidating their small businesses, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their first solidarity loan cycle.

Ms. Mafounè (the second woman sitting from the right in the photo) is a major seller of condiments of all kinds in and around the village of Djoni. She intends to use her loan to purchase 4 sacks of onions. Sales are made in cash or on credit by going door to door in the village of Djoni. Her customer base is composed mostly of women.

Ms. Mafounè plans on making an average monthly profit of 15,000 francs CFA that will be used to reinvest in the business and to ensure the children are cared for.

In this group: Mafounè , Mariama , Maimouna , Ayah , Oumou , Maratou , Maïmouna , Sitan , Kadia , Minata

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Translated from French by Kiva volunteer Daniel Kuey

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