A loan of $2,425 helped a member to purchase onions and néré seeds.

Lafia Group's story

The six members of the group LAFIA are essentially married women averaging 37 years of age and five children each. The women live for the most part in monogamous families in Kamalen Sirakoro, a district in Sikasso City. They are on their 18th loan with the microfinance institution Soro Yiriwaso in order to meet the needs of their customers.

Fatoumata does commerce in condiments in this group of women. She is the one standing second from the left in the photo. She intends to use her loan to purchase 300 kg of fresh onions and 100 kg of néré seeds, which she processes into 'sounbala' (a flavoring used in cooking) and then sells retail for cash locally and with family help. The customer base is composed mostly of women.

She envisions making an average monthly profit of 45,000 francs CFA. Part of the profits will be used to repay the loan and cover the interest, and the other part will go toward her savings.

In this group: Oumou, Kadia, Fatoumata, Barakissa, Kadiatou, Ramata

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details