Funded

Total loan: $800
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Laïdou Group

Mali
Bougouni, Mali / Cereals

A loan of $800 helped a member to buy rice.


Laïdou Group's story

The Laïdou group is made up of four married women who average 31 years of age with four 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 third loan. The two previous loans were repaid in full.

This group of women sell second-hand clothing, cereals, clothes and provide gardening services.

Aminata, who is the president of the group, is sitting second from the left with a piece of paper in her hand. She sells all sorts of cereals and is planning to buy a ton of rice with her loan from farmers in the Sélingue area. She sells on the market and 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 25,000FCFA, which will be used to reinvest in her business and repay her loan.

In this group: Aminata, Mamou , Adjaratou, Mariam
*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