A loan of $525 helped a member purchase condiments.

Laïdou Ii Group's story

Laidou II is a group of five married women living in traditional extended families with their brothers, sisters, co-wives, children and hubands. They have an average age of 28 years and 3 children and live in Heremakono-Nord in the city of BOUGOUNI (third administrative region of Mali). They know each other through community and business ties. They sell various items: peanut paste, condiments, hand-knit wools etc. They also prepare and sell fruit juices. Intending to buy more products to meet the quantity and quality expectations of their customer base, which is increasing and becoming more demanding, they decided to join the Soro Yiriwaso microfinance institution. This is their first group loan. SAMADJE BAGAYOO intends to purchase different types of condiments from vendors from Sikasso and Bamako with this loan. She sells her goods at retail, for cash and on credit in the BOUGOUNI market to a clientele composed mainly of women. She expects to earn a monthly profit of 30,000 CFA with this loan of which a part will be used in the business and the remainder for her children's education expenses.

In this group: Samadje, Kadiatou, Chata, Habi, Binta

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Translated from French by Kiva volunteer Connie Archea

Loan details

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Loan details