A loan of $3,350 helped a member buy firewood.

Takaprin Group's story

The Takaprin group consists of eight women, all married and living in polygamous households. They are on average 46 years old with four children. They all live in Djicoroni, one of Bamako's neighborhoods. They became acquainted through local tontines (savings groups) and their income-generating activities.

Group members run businesses such as selling firewood, food preparations, clothing, condiments and cosmetics. To increase their stock in trade, the group decided to join Soro Yiriwaso and are on their second group loan.

Mrs. Massaba (the woman sitting on the far left in the photo) has a great reputation at selling firewood. She intends to use this loan to buy one load of firewood wholesale. She gets her firewood from villages surrounding Bamako. Retail sales take place in Djicoroni, for cash to a clientele composed mostly of women.

Mrs. Massaba expects to achieve with this loan an average monthly profit of 80,000 CFA francs, which will be used to meet her children's small needs, and the remainder will be reinvested in her business activities.

She relies greatly on her partnership with Soro Yiriwaso to achieve her objective of expanding her business.

In this group: Massaba, Mariam, Abi, Mariam, Kadiatou, Djenebou, Kodou, Mariam

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Translated from French by Kiva volunteer René McConnell

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