A loan of $800 helped a member to buy second-hand clothing.


Faida Group's story

Faida is a group in the Benkadi de Tiele association. It is made up of women who know each other through being relatives and neighbours. They have an average age of 28 and are all married with four children on average.

The women are involved in various businesses, such as selling second-hand clothing, like Awa who is pictured sitting third from the left. The women live in large traditional families in Tiele in the Kati prefecture (in the Koulikoro region in the Republic of Mali).

They have all been running small businesses for several years and are highly sought-after for the second-hand clothing they sell, which includes traditional wax cloth pagnes.

In order to satisfy growing customer demand, the members of the group decided to join the Soro Yiriwaso microfinance programme four years ago. This is their sixth solidarity loan.

Awa intends to use her loan to buy one bale of second-hand clothing. She buys her supplies in Bamako and locally from wholesalers, and sells her products to individuals in Tiele, both for cash and on credit, to a customer base that includes both men and women.

Awa hopes to make 20,000 CFA francs a month, which will enable her to repay the loan and reinvest in her clothing business.

In this group: Awa, Saran, N'pene , Mariam, Safiatou

Translated from French by Kiva volunteer Lucy Knight



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