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A loan of $1,275 helped a member to buy wax pagnes.

Yeredon Group's story

The six members of the Yeredon group are women who live in polygamous families. They average 45 years of age and five children each. They all live in the village of Massala, in the region of Ségou (4th administrative region of the Republic of Mali).

They know one another as neighbors, through ties of kinship and marriage, and through the income-generating activities they conduct in the village. As a group, they sell clothing and cosmetic products, and they provide restaurant services.

To bolster their working capital, they decided to join the Soro Yiriwaso microfinance organization. This is their 4th group loan.

Mrs. Bintou, standing 2nd from the right, is a leading reseller of clothing in Massala and surrounding areas. She plans to use her loan to buy 5 pieces of wax pagnes to meet customer demand. She sells to a mixed clientele for cash, though often on credit.

With this loan, Mrs. Bintou expects to earn an average monthly profit of 36,000 FCFA. She will use this profit to cover her children’s tuition fees, to bolster her working capital, and to help her husband.

In this group: Ayeré , Bintou , Aminata , N’Da , Sitan , Adjaratou

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details