A loan of $400 helped a member to buy children's clothing.

Faida Group's story

Faida is a group of the Diamadjigui association in N'tentou. It comprises four women who know each other through family and neighbourhood connections. They are on average 42 years old with four children, and run various activities such as buying and selling condiments and clothing, which is the business run by Fatou, sitting first from the left in the photo. They live in large traditional households in N'tentou, in the Kati prefecture (Koulikoro region, Republic of Mali).
They have been involved in small business for several years and are highly sought-after for their work.
With the hope of satisfying the growing needs of their clientele, the group members decided to join Soro Yiriwaso's loan program. They are on their first solidarity (group) loan.
Fatou intends to use her loan to buy several dozen sets of children's clothing. She gets her supplies in Bamako and Ouelessebougou and sells her goods in Ouelessebougou at retail, in cash and on credit to a clientele composed of men and women.
She hopes to earn a monthly profit of 20,000 FCFA, which will allow her to repay the loan and reinvest in her business.

In this group: Fatou, Awa , Bintou, Maimouna
*not pictured

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details