A loan of $900 helped a member to buy Fancy pagnes, beans, and condiments.

Waradjan (Grand Lion) Group's story

The four members of the group Waradjan ("Great Lion") of the association Benkadi du Bamanankin (Bambara district) are all married and average 45 years in age and four children. They generally live in monogamous households in the sub-prefecture of Markala in the Ségou region (fourth economic region of Mali).

Linked by ties of community and clan, the Waradjan group essentially does commerce in cereal products, lingerie, and condiments. Concerned with acquiring supplementary financial resources, the group joined the loan program of the micro-finance institution Soro Yiriwaso with which they just received a third group loan (solidarity loan). All the preceding loans have been repaid without difficulty.

The group intends to buy: 2 sacks of beans and a sizable quantity of condiments (locally in Markala at the Diamarabougou marketplace) from vendors coming from big cities and from the surrounding villages. In addition, the women will buy 25 lengths of Fancy pagnes from Bamako (capital of the Republic of Mali) from wholesalers. The goods are sold out of the home, at the Diamarabougou marketplace, and at the fairs of neighboring villages (Boussin, Seribala and Dougabougou) to a generally female customer base. They each envision realizing a profit of 20,000 francs CFA and envision buying a cart and a donkey to facilitate transporting their merchandise to market.

In this group: Soumawé, Ramata, Bintou, Nah

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Translated from French by Kiva volunteer Daniel Kuey

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