Funded

Total loan: $825
Powered by 30 lenders

Lumiere Group

Mali
Sikasso, Mali / Arts

A loan of $825 helped a member to purchase ingredients for making incense.


Lumiere Group's story

The four members of the group LUMIÈRE are essentially married women averaging 45 years of age and three children each. The women live for the most part in traditional families in Hamdallaye, a working-class district in Sikasso City (3rd administrative region of the Republic of Mali). They are on their third loan with the microfinance institution Soro Yiriwaso to satisfy the needs of their customers. The previous loans were indeed settled.

MARIAM, who is standing fourth from the left in the photo, sells incense in this group of women. She is famous for incense, thus she is a vendor in high demand. She intends to use her loan for raw materials, such as 'gueni', perfumes, and 'magnonkisèni' for making incense. Accepting cash or credit, she sells these products door to door and with her family to a customer base composed of men and women. She gets her supplies of raw materials locally and sells in Sikasso.

She envisions making an average monthly profit of 25,500 francs CFA. Part of the profits is used to repay the loan with interest, and the other part is for her savings.

In this group: Mariam , Kissa , Agaissa, Aoua
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

7 months
Disbursed date: June 3, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: June 3, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children