A loan of $825 helped a member to buy food products.

Parana Group's story

The women of the "Parana" group are on average 45 years old with six children and all live in traditional extended households in Kimparana, in the San circle in the fourth administrative of the Republic of Mali.
These women know each other through family connections and run businesses buying and selling food products and various items..
After having properly repaid their previous loans, the women of the Parana group are on their seventh solidarity (group) loan. Kotimi, the woman all the way on the right in the photo, intends to use her loan to buy 20 litres of oil, one 100-kg bag of rice, 2 kg of smoked fish, 20 kg of onions, 10 packets of Maggi cubes, vegetables, and chili peppers. She gets her supplies in Kimparana and makes her sales to a clientele comprising men and women, in cash and often on credit.
She foresees realizing an average monthly profit of 35,000 FCFA, which will be used to pay for expenses relating to health, food, clothing, and school fees, with the rest being reinvested in her business.

In this group: Djeneba , Kotimi , Bintou , Astan

Translated from French by Kiva volunteer

Loan details

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Loan details