Funded

Total loan: $425
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Balimaya Group

Mali
Fakola, Mali / Dairy

A loan of $425 helped a member to purchase milk.


Balimaya Group's story

The members of the Balimaya group are married women with an average age of 27 years and an average of 3 children each. They all live in polygamous families in Fakola, one of the districts of the 3rd administrative region of Mali.

The women have partnered with the microfinance organization Soro Yiriwaso in order to improve all aspects of their business. They are on their first loan with the organization and plan to fully repay it.

Djenebou (pictured furthest on the right in the photo) plans to use her loan to purchase 14 barrels of milk of 20L each. She makes her sales daily in Fakola and is much sought after, especially on festival days. Djenebou stocks up in Fakola and in the surrounding area. She makes her sales for cash to a customer base made up of both men and women. She hopes to earn an average monthly profit of 19,000 francs CFA. This profit will allow her to pay back her loan and also to help her husband with their daily expenses.

In this group: Djenebou , Adiarha , Alima , Djenebou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Stephanie Long Phillips



Loan details

Loan length:

7 months
Disbursed date: April 23, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: April 23, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children