A loan of $1,750 helped a member to buy condiments and charcoal.

Horonkantigui (Crédibilité Group's story

Horonkantigui is a group of nine women, all marrried, who average 42 years of age and five children. They live in the village of Kafela, located 20 km from the city of Sikasso (3rd administrative region of the Republic of Mali). Linked by socio-economic ties, the women of this group buy and sell condiments and charcoal.

As one of the oldest groups of the micro-finance institution Soro Yiriwaso (six years of collaboratiion), it has had twelve solidarity loans that have all been correctly repaid. The group members intend to use this loan to buy 400 sacks of charcoal and a stock of condiments: 2 sacks of onions, 2 sacks of eggplants, 1 sack of okra, 5 sacks of flavorings, 5 cans of tomato paste, etc.

They get their supplies exclusively in villages surrounding Kafela (such as Finkolo, Farako, etc.) from producers having farm and forest operations (that is, holders of wood-cutting permits). These women take advantage of Sikasso market days where there is transportation available to take their goods to the grand marketplace of the city. They make their sales in cash at the retail level (often wholesale) to customers composed generally of women and especially of market vendors from big cities.

They each envision realizing an average profit of 16,000 francs CFA per month, which will serve essentially to boost their working capital.

In this group: Adiaratou , Nawa , Djénèbou , Djatou , Assanatou , Mariam , Maminéta , Nassan , Sali

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Translated from French by Kiva volunteer Daniel Kuey

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