Kiva Loan- March Mali!

I'm in Mali for March!!!

Location: Kadiolo Sikasso, Mali
Repayment Term: 8 months
Activity: Retail
Repayment Schedule: Monthly
Loan Use: Purchase of selling items

The eight members of the Siguikadi group are mainly married women, with in average 38years of age, two children and most of them live in polygamous families in Noumousso, a neighborhood of the city of Kadiolo, in Sikasso, the third administrative region of the Republic of Mali.
They joined the microfinance institution Soro Yiriwaso in order to meet their customers' needs. This is their fourth solidarity loan and they fully repaid the previous ones.
They sell shea butter and plastic bins.
With this new loan each of them is planning to buy 150 kg. of shea butter and four dozens of plastic bins.
They buy their supplies in the neighbor villages and at the big market in the city of Kadiolo.
They sell their products for cash in Kadiolo and at the market on fair days to a customer base of both men and women.
They expect to reach average monthly earnings of 35,750 FCFA each, of which part will go into savings and meeting family needs, and the remainder will be reinvested in their business. Their ambition is to become wholesalers.


CURRENT LOANS IN ACTION
Location: Makeni, Sierra Leone
Repayment Term: 12 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: Buy palm-oil, rice, and oranges in wholesale quantities

Location: Tsetserleg, Arhangai, Mongolia
Repayment Term: 20 months
Activity: Butcher Shop
Repayment Schedule: Monthly
Loan Use: to purchase meat




LOANS PAID IN FULL:

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Elizabeth Aidoo
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Paz y Amor Group
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Dustmatov Eralboy
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Rashidat Mumuni
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Karla Vanessa Montiel Barahona
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Eal Nub
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Atim Irene's Group
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