A loan of $1,025 helped a member to purchase peanut butter.

Laidou Group's story

The members of the group Laïdou average 40 years of age and four children each, all living in traditional families in the village of Sido, prefecture of Bougouni. The women know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to do better business, they joined the microfinance institution Soro Yiriwaso and are now on their third loan. This group of women does commerce in charcoal, peanut butter, and a variety of goods.

Fanta, who is the only one seated in front in the photo, sells peanut butter. She intends to use her loan to purchase 10 pails of peanut butter from fair-goers when the weekly markets take place in Sido. She makes her sales retail at the market and from home. She accepts cash or credit from a customer base composed of men and women.

She envisions making an average monthly profit of 55,000 francs CFA that will be used for: investing in her business, covering healthcare costs, and paying back the loan.

In this group: Fanta, Mamou, Dandie, Awa

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details