A loan of $500 helped a member to purchase fresh cow's milk.

Layidou Group's story

The five women of the group Layidou are all married in polygamous families. The women average 35 years of age and four children each all living in the village of Ouolobougouni, in Commune Rurale de Sakoiba (4th administrative region of the Republic of Mali). They know one another through ties of community, marriage, and kinship in the village. They have small-scale businesses involving cow's milk of all kinds (fresh milk, curdled, yogurt) and grains (beans, millet, and rice).

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their first solidarity loan cycle.

Ms. Dado (the woman seated in front with a blue container in the photo) is a major vendor of milk of all sorts in the village of Ouolobougouni; she intends to use her loan to purchase 250 liters of milk from the livestock farmers in the village. The sales are made, cash or credit, to a customer base composed of men and women.

With this loan, Ms. Dado hopes to make an average monthly profit of 16,000 francs CFA that will be used for reinvesting in her business and ensuring her children's care.

In this group: Mayama , Alimata , Binta , Dado , Djènèba

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details