A loan of $1,250 helped a member to buy fruits.

Serieux Group's story

The Serieux group is composed of six married women averaging 34 years of age, with five children. They live in traditional extended families in the Niebala neighborhood of the town of Bougouni.

They know each other as neighbors and friends as well as through their work. To bolster their financing capacity and manage their business better, they have joined the Soro Yiriwaso microfinance institution and are now on their first loan. This group of women sells fruits, which is the case of Awa, for example. She is the one seated in the photo. She plans to use her loan to buy 10 banana bunches from wholesalers in Bougouni. She sells at the marketplace and out of her home, retail, for cash and in credit, to a customer base consisting mainly of women. She anticipates earning an average monthly revenue of 20,000 West African francs, which will be used to invest in her business and repay the loan.

In this group: Sali, Chata, Marietou, Massira, Awa, Mamou

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Translated from French by Kiva volunteer Katharina S

Loan details

Lenders and lending teams

Loan details