A loan of $1,025 helped a member to buy condiments.

Yeredon Group's story

Most of the five women of the Yeredon group are married and live in large traditional families. The average age for the group is 36 years old, and the women have, on average, four children each. They all live in the town of Tominian, in the Ségou region (fourth-largest administrative region in Mali). They met one another through neighborly, professional, and family ties. They buy and sell condiments and grains.

The group members decided to join Soro Yiriwaso's credit program in the hope of meeting the high demand of their ever-growing customer base. They are on their third group loan.

KANOU (in the photo, she is the woman standing in the middle, wearing a full wax) excels in the sale of condiments of all sorts. She is in very high demand in the town of Tominian and its surroundings.

She plans to use her loan to buy 10 20L-contianers of oil, two dozen Maggis, 1 box of pepper, 3 boxes of tomato paste, and 4 bags of salt. She stocks up each month at the border between Mali and Burkina Faso, specifically in Benena. She sells her goods individually, for cash, to a mixed clientele at the big market in Tominian.

With the loan, KANOU hopes to earn an average monthly profit of 30,000 FCFA, which she will reinvest in her business and use to help her spouse support their family.

In this group: Veronique , Kanou , Anne , Aissata , Nema

Translated from French by Kiva volunteer Holden Ferry

Loan details

Lenders and lending teams

Loan details