A loan of $425 helped a member to buy produce.

Lolo Group's story

Lolo Group is part of the Siguidia Association in N'tentou. It is made up of married women who are relations and neighbours, with an average age of 35 and four children on average.

The women run various businesses such as selling produce, like Fatoumata, who is pictured sitting on the far right. They live in large traditional families in N'tentou, in the Kati prefecture (Koulikoro region, Mali). They have been running their businesses for several years and are highly sought after for the produce they sell: tomatoes, cabbages and pepper.

In order to satisfy growing customer demand, the group members decided to join the Soro Yiriwaso loan programme a year ago. This is their second solidarity loan.

Fatoumata, a member of the group and very well-known in N'tentou, is good at selling produce. She will use her loan to buy a large quantity of different types of produce (tomatoes, cabbages and pepper). She buys her supplies in Bamako and directly from wholesalers and sells them to male and female customers in Ouelessebougou, for cash and on credit.

Fatoumata hopes to make 15,000 CFA francs a month, which will allow her to repay the loan and reinvest in her business.

In this group: Salimata , Fatoumata , Aminata , Tenimba

Translated from French by Kiva volunteer Lucy Knight

Loan details

Lenders and lending teams

Loan details