A loan of $425 helped a member buy pagnes (colorful West-African fabric).

Lolo Group's story

The four members of the Lolo group are married women who on average are 33 years old with three children. They live mostly in monogamous families in Babemba, a populous neighborhood of the city of Sikasso, third administrative region of Mali.

They are on their twelfth loan with the Soro Yiriwaso microfinance institution, to satisfy the needs of their customers.

Ms. Afou trades wax pagnes (type of colorful West-African fabric) in this group of women. She is standing in the second position from left to right.

She intends to use the loan to buy three dozen wax pagnes and retail them for cash on site and at the market to a clientele of women.

She plans to make an average monthly profit of 15,000 CFA francs, a portion of which will be used to pay the loan and its interest and the rest put into savings.

In this group: Aminata, Fatoumata, Rokia, Afou

Translator profile picture

Translated from French by Kiva volunteer René McConnell

Loan details

Lenders and lending teams

Loan details