A loan of $425 helped a member to purchase food supplies for her restaurant.

Siguitemasson Group's story

Most of the four women of the group "Siguitemasson" are married in monogamous households, and they average 48 years of age and two children each, all living in the village of Bamanan-Zambougou, in Région de Ségou (4th administrative region of the Republic of Mali). The women know one another through ties of community and kinship and through their revenue-generating businesses in the village. They have small-scale businesses selling 'fonio' (a kind of millet), oil, rice, and condiments. With the goal of increasing their working capital, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their fifth solidarity loan cycle.

Ms. Mah (standing first from the right in the photo) is a great vendor of 'fonio' meals (foyo) in and around the village of Bamanan-Zambougou. She intends to use her loan to purchase a large amount of 'fonio' and cooking oil from suppliers in Konodimini. The cash or credit sales are made to mostly women customers at her home and in Konodimini.

She hopes to make an average monthly profit of 20,000 francs CFA with this loan. It will be used to meet the needs of her children and to increase her working capital.

In this group: Mah, Alimata, Bakona, Djelika

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details