A loan of $1,625 helped a member to buy ingredients with which to make doughnuts.


Yeredon Group's story

The Yeredon group is made up of 4 women who are all married and have an average age of 41 and, on average, 3 children. They all live in traditional families in Méridièla, one of the villages in the Bougouni Circle. They got to know each other thanks to neighbourly and professional relationships, and friendships. They joined the Soro Yiriwaso microfinance institution in order to strengthen their financial capacity so that they could better run their businesses and are on their 9th loan. The previous loans have been properly repaid. This group of women sells cereals, doughnuts and prepared food.

Konimba, who is standing and holding paperwork in the photo, prepares and sells doughnuts. She plans to use her loan to buy 10 bags of millet, one bag of sugar and some small packets of spices from the Bougouni wholesalers. She makes her sales at the Méridièla market, at the markets of the surrounding villages and door-to-door, for cash or credit to a retail clientèle composed of men and women. She expects to make an average monthly profit of 95 000 francs, which will be reinvested in her business and used to repay the loan.

In this group: Gougne , N’Gnine , Deriba , Konimba
*not pictured

Translated from French by Kiva volunteer



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Loan details