A loan of $1,000 helped a member to purchase grains.


Siguikadi Group's story

The group SIGUIKADI comprises five women, all married and averaging 30 years of age and four children each. The women live in traditional extended families in the Hérémakono Nord district of Bougouni City. They know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to operate their businesses better, they joined the microfinance institution Soro Yiriwaso and are now on their second loan. The previous loan was indeed paid back.

This group of women does commerce in grains, as does SETOU, who is the only women sitting in the photo. She buys and sells grains and intends to use her loan to purchase 800 kg of corn from peasant producers. Accepting cash or credit, she makes her sales at the market and at home to a customer base composed essentially of women. She envisions making an average monthly profit of 25,000 francs CFA that will be reinvested in her work and used to repay the loan.

In this group: Fatoumata M , Aichata , Fatoumata S , Maimouna , Setou
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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Loan details