A loan of $1,675 helped a member to purchase children's clothing.

Balimaya Group's story

The group Balimaya is composed of four women, who are all married and living for the most part in monogamous households. The women average 32 years of age and four children each, all living in Djalakorodji, a district in Bamako. And they know one another through tontines in the area and their revenue-generating businesses. The group members have small-scale businesses involving children’s clothing of the best qualities, condiments, and peanut butter.

With the goal of increasing their business capital, the group members decided to join the microfinance institution Soro Yiriwaso and are now on their third solidarity loan.

Ms. Awa (the woman sitting at the far left in the photo) is famous for selling children’s clothing of the best qualities. She intends to use this loan to purchase 80 outfits wholesale. She gets her supplies at the big market. Her sales are made to a customer base composed mostly of women.

With this loan, Ms. Awa plans on making an average monthly profit of 80,000 francs CFA that will be used for meeting the children’s sundry needs. The rest will be used to invest in her work. She is counting a lot on the Soro Yiriwaso partnership to achieve her goals, which include expanding her business.

In this group: Awa, Mariam, Awa, Ramata

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details