A loan of $925 helped a member purchase of cereals.

Lafia Group's story

The members of the Lafia Group of the Tièssiri association are married women with an average age of 37 years and 5 children on average. They live with their husbands and children in large traditional families in the village of Goni, in the subprefecture of Fana in the Koulikoro region (the second administrative region of the Republic of Mali).
These women know each other due to familial and neighborly ties. They sell cereals and charcoal. Mama S., the president of the group, does well in the cereal business and is very well known and visited.
The women of the Lafia group are collaborating with the Soro Yiriwaso microfinance institution, so as to have constant financial support for their activities.
They are requesting their fourth loan and all of their previous loans were repaid in full.
With this new loan, Mama S. hopes to buy a large amount of cereals from growers in the village and nearby, which will be sold on-site in the village and in the surrounding marketplaces to a client base consisting of both men and women.
She hopes to make an average monthly profit of 30,000 FCFA. The profits will be used for food, health, and the business.

In this group: Minata, Moussokoura, Kadia, Mariam, Djeneba Badisse, Djeneba Doulaye, Assitan, Fatoumata Bakadjan, Mama

Translated from French by Kiva volunteer Manuel Carreiro

Loan details

Lenders and lending teams

Loan details