A loan of $1,875 helped a member to buy food ingredients and cereals for resale.

Siguidia Group's story

The women of the Siguidia Group are, on average, 41 years old and have three children. They all live in traditional, extended families in Kimparana/Segou (fourth administrative region of the Republic of Mali). The women know one another through family and business ties. They buy and sell food ingredients, cereals, drinks and other products.

This will be the group's second loan from the field partner, the previous loan was fully and correctly repaid.

Assetou (standing in the middle of the photo) plans to use her loan to buy 15kg of onions, 10kg of salt, 50kg of rice, 30kg of millet, 10kg of sweet potatoes, half a packet of Maggi stock cubes and 10 litres of oil. She buys her supplies locally and in the surrounding villages, and she sells her products to both men and women on a cash or credit basis.

Assetou expects to earn an average profit of 35,000 francs CFA a month. She will use this to provide for healthcare costs, food, clothing, school fees, and the rest will be reinvested in her business.

In this group: Assetou, Kadia, Kadia, Awa, Aichata, Awa

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Translated from French by Kiva volunteer Sarah Ryder

Loan details

Lenders and lending teams

Loan details