A loan of $1,700 helped a member to buy cereals.


Jiguiya Group's story

The 4 members of the Jiguiya group are married women with an average age of 49 and, on average, 7 children, most of whom live in traditional families in Siékourani, a village in the rural commune of Loulouni, part of the Sikasso region (3rd administrative region of Mali). They are on their 25th group loan from the MFI Soro Yiriwaso so that they can satisfy their customer needs.

Awa is the group representative who sells cereals. She is standing second from the right in the picture. She plans to use her loan to buy 18 100-kilo bags of cereals. She gets her supplies in Loulouni and the villages around Loulouni (town). She then stores her supplies in a large warehouse on her property before reselling it. She makes her sales from her home and at the market to a clientèle made up of men and women, for cash and credit. She expects to make an average monthly profit of 55 000 francs, part of which she will use to repay the loan and part of which she will save.

In this group: Mariam Chiaka , Assa, Awa , Mariam

Translated from French by Kiva volunteer



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