A loan of $1,475 helped a member to buy rice, potatoes, and condiments for food cooked for resale.

Joli Group's story

The four members of the group called Joli are married women with an average age of 34 and have on average two children. They mostly live in traditional families in Sanoubougou II, one of the working class neighborhoods of the town of Sikasso, third administrative region of Mali.

They are on their seventh solidarity loan with the microfinance institution Soro Yiriwaso in order to satisfy the needs of their clientele.

Madame Adam, the second woman standing from left to right in the photo of the members of Joli Group, sells cooked food. She intends to use her loan to buy two sacks of 50 kg of rice, 10 packages of Maggi cubes, one 50 kg basket of potatoes, one sack of salt and various condiments to make good food at the big market, where she is much in demand with her clientele, thanks to the quality of her products.

Her sales are made retail in her restaurant in Sanoubougou II, her clientele being composed of men and women, with sales for cash or credit. She expects to make an average monthly profit of 40,000 francs CFA, of which one part will be used to repay the loan and interest, and the other part put aside as savings.

In this group: Adam , Korotoumou , Maminata, Awa

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details