Funded

Total loan: $525
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Sindiya Group

Mali
Bougouni, Mali / Clothing

A loan of $525 helped a member to buy clothing.


Sindiya Group's story

The Sindiya group is made up of five women (of whom three are married and two are single). They are, on average, 31 years old and have four children. They live in traditional extended families in the Heremakono Nord neighborhood of Bougouni. The group knows each other from neighborhood, friendship, and business ties.

In order to increase their financial capacity and better conduct their businesses, the group joined the micro-finance institution Soro Yiriwaso. They are on their first loan.

This group of women sells clothing, like Nassoun, who is the first woman standing on the left in the photo. With her loan, she plans to buy 10 meters of damask fabric and six lengths of pagne [bright, colorful fabric] from the wholesalers in Bamako. Nassoun makes her sales at a market and from home, for cash and credit, to a mixed group of customers.

Nassoun hopes to earn an average monthly profit of 15,000 francs CFA, which she will use to invest in her business and pay back the loan.

In this group: Mariam, Minata, Adiara, Oumou, Nassoun
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Lindsay Ferrara



Loan details

Loan length:

8 months
Disbursed date: February 25, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: February 25, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children