A loan of $400 helped a member to buy charcoal.

Lafia Group's story

The 4 members of the Lafia group are married women with an average age of 43 and, on average, 5 children. They mostly live in monogamous families in Lafiabougou, one of the districts of Sikasso town. This is their 4th loan with the microfinance institution Soro Yiriwaso, requested in order to satisfy their customer's needs.

Korotoumou, standing on the far right of the picture, is the Lafia group member who sells charcoal. She plans to use her loan to buy around 30 bags of charcoal in the villages neighbouring Sikasso town, at wholesale prices. She resells the charcoal by the bag, for cash or credit, at the market with her family, to a retail clientèle made up of men and women. She expects to make an average monthly profit of 25 000 francs, part of which will be used to cover the family's daily expenses, and part of which will be used to build up her savings. She aims to increase her revenue and better satisfy her customers.

In this group: Mariam , Abi , Sali , Korotoumou

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details