A loan of $1,400 helped a member to buy fruit and vegetables.

Farakognouman Group's story

Married for the most part in polygamous families, the members of this group decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their fifth solidarity loan after having properly repaid the four previous ones.

Ms. Ami (third from the left in the photo) is a retailer of fruit and vegetables. She is in high demand and much appreciated for the quality of her goods. She intends to use her loan to buy 3 boxes of avocados, 2 boxes of green beans, a basket of cabbages and carrots, and a box of raisins. She gets her supplies from the merchants who come from Sikasso, and she makes her sales retail and for cash. Her customers are composed of men and women in and around Koury City.

With this loan, Ms. Ami hopes to make an average monthly profit 45,000 francs CFA that will be used for reinvesting in her business and meeting certain household needs.

In this group: Ami, Maimouna, Koumba, Fatoumata, Maimouna, Aminata, Aby

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details