A loan of $1,025 helped a member purchase of drinks and condiments for re-sale.

Lafia Group's story

Living in traditional extended families in Médine, a residential neighborhood of the town of Sikasso, (3rd administrative region of the Republic of Mali), the women of the Lafia group (all married) have an average age of 28 and on average, one child.

United by bonds of neighborhood and by professional ties, these women of the Lafia group buy and re-sell cosmetics, drinks, fruit, and condiments, etc.

They are on their third solidarity loan with the micro-finance institution Soro Yiriwaso, after having correctly reimbursed the two preceding loans.

With this new loan, they expect to buy 10 packets of condiments and 20 crates of drinks. They do their buying essentially in Sikasso town from wholesalers and sell in the market and the residential neighborhoods to a clientele composed generally of women and men, for cash, retail, and on credit.

They each expect to make a profit of 25,000 F CFA per month, of which part will be used for the needs of their families and the rest will be reinvested into their businesses.

In this group: Maimi , Kadia, Aiche, Mariam , Tenin

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details