A loan of $950 helped a member to buy plastic items..


Yeredon Group's story

Yeredon is a group of women from the Médine Coura neighborhood of the city of Koutiala. They all know each other, and live in large traditional families with their husbands, children and other relatives. They are on average 36 years of age, are married, and all have at least one child.

This group of women sells miscellaneous articles such as clothing, vegetables, plastic items, shoes, and so on. To increase the size of their businesses, the group’s members decide to join the Soro Yiriwaso loan program, and this is their tenth group loan.

Awa, pictured seated with her child in her lap, is a member of the Yeredon group. She plans to use her loan to buy wholesale plastic items (tubs, buckets, soap dishes and coolers), which she will sell on a retail, cash and credit basis from her home and at the market. Her customers are both male and female, and she gets her plastic items from the Grand Market of Koutiala.

While the other group members hope to make an average monthly profit of 174,000 francs CFA each during this loan cycle, Awa hopes to make 180,000 francs CFA. In addition to repaying their loans, they will use part of their income to cover their personal expenses and increase their working capital.

In this group: Sadyatou , Fatoumata , Maïmouna , Mama , Awa
*not pictured

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Translated from French by Kiva volunteer Paul Lambert



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