A loan of $1,075 helped a member to purchase grains.

Ambekou Group's story

The members of the group Ambekou are all married and average 48 years of age and five children each, living for the most part in nuclear families in the Torakabougou district of Bougouni City. 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 grains, clothing, basins, kitchen utensils, cooking oil, earrings, and arts & crafts.

Fanta, who is seated in back and laughing with papers in hand, buys and sells grains. She intends to use her loan to purchase 600 kg of corn from peasant farmers in the villages neighboring Bougouni when the fairs take place. 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 22,500 francs CFA that will be used for: investing in her business, covering healthcare costs, and paying back the loan.

In this group: Rokia , Assetou , Fanta , Maïmouna , Bérété , Deneba, Elisabeth

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details