A loan of $600 helped a member to buy condiments for resale.


Balimaya Group's story

The BALIMAYA group is part of the KANKELE association of Ouelessebougou. The group consists of four women who know one another through family and neighborhood ties. They are, on average, 30 years old, married, and also have an average of three children each. They are involved in various activities, such as buying and selling condiments, which is the case of Minata, sitting first from the right in the photo. These four women live in large traditional families in Ouelessebougou, Cercle of Kati (Koulikoro Region, Republic of Mali). They have been involved in small retail for several years and their goods are in high demand. Eager to meet the increasing needs of their customers, the members of this group decided two years ago to join Soro Yiriwaso. They are on their third solidarity loan. Minata, the group's leader, is very well-known in Ouelessebougou, as she excels in the sale of condiments. She plans to use her loan to buy two bags of onions, two baskets of cabbage, half a bag of salt and one box of tomato concentrate. She buys her supplies from wholesalers in Bamako and also locally, and she resells her condiments in Ouelessebougou, for cash or on credit, to a retail customer base consisting of men and women. She is hoping to make a monthly profit of 40,000 CFA francs, which will allow her to repay her loan and reinvest in her business.

In this group: Minata , Niagale, Sata , Nanko
*not pictured

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Translated from French by Kiva volunteer Sophie Narayan



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