A loan of $850 helped a member purchasing wood charcoal.

Kelegna Group's story

The women of the KELEGNA group are all married and are, on average, 26 years old with two children. They live in traditional large families in the neighborhood of Massabla-coura in the city of BOUGOUNI (third largest region in the republic of Mali). These women known each other through the community as well as business.

In order to better satisfy their customers whom are both growing in size and becoming more exacting in their demands, these women have decided to join the microfinance institution Soro Yiriwaso. They are currently on their third group loan after having correctly reimbursed the previous two.

With this loan KOUMBA D. plans to purchase bulk quantities of wood charcoal from countryside producers. She then sells the charcoal both for cash as well as credit, in the markets and from her home, to both male and female customers. With this loan she hopes to make a monthly profit of 65,000 FCFA [approximately USD $ 136 ] to reinvest in her business as well as provide for her family.

In this group: Routie, Ramatou, Koumba, Mariam

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Translated from French by Kiva volunteer Chloé Tuot

Loan details

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Loan details