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

Teriya Group's story

Teriya is a group of four women who all came to know one other through family and neighbourhood links. They have an average age of 40. Married with on average five children, they conduct various activities, such the trading of condiments and vegetables as in the case of Ami, who is the person standing on the far left of the photo.
The women live in large, traditional families in Ouelessebougou in the county of Kati (in the Koulikoro region of the Republic of Mali). They have been trading locally for several years and are are in great demand for their products and services.
With a view to meeting the growing needs of their customers, the group members decided to join Soro Yiriwaso three years ago. They are on their fifth mutual loan. Ami, who is the group leader and very well known in Ouelessebougou, excels in the selling of vegetables and condiments. She intends to use her loan to purchase a variety of condiments (peppers, tomatoes, onions, cabbages, stock cubes and dried fish). She buys her supplies in Bamako and locally from wholesalers, and sells her food products in Ouelessebougou - retail - for both cash and credit, to both men and women.
She is hoping for a monthly profit of 20,000 FCFA, an amount which will allow her to repay the loan, and to invest in her business.

In this group: Ami, Nagnini, Ramata, Sitan

Translated from French by Kiva volunteer Alistair Assheton

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