Funded

Total loan: $1,175
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Kelegna Group

Mali
Bougouni, Mali / Fuel/Firewood

A loan of $1,175 helped a member to buy firewood.


Kelegna Group's story

The Kelegna group is made up of four women (three married and one widow) who average 36 years of age with five children each. They live in traditional extended families, with their husbands, other wives, brothers and sons, in the Massabla Coura district of the town of Bougouni.

They met each other through neighbors, friends and their businesses. In order to reinforce their financial capacity so that they can improve their trading activities, they joined the microfinance institution, Soro Yiriwaso, and are now on their seventh loan. The six previous loans were repaid in full.

This group of women trade in firewood, charcoal and cereals.

Ramatou, who is the president of the group, is standing on the far right of the photo. She buys and sells firewood and charcoal and is planning to buy a lorry load of firewood with her loan from registered farmers in Bamako. She sells from home, on a retail basis, for cash and on credit, to a customer base made up of men and women. She is expecting to make an average monthly profit of 40,000FCFA, which will be used to reinvest in her business and repay her loan.

In this group: Ramatou , Koumba , Chata , Routie
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Alison Le Bras



Loan details

Loan length:

7 months
Disbursed date: October 3, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: October 3, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children