A loan of $625 helped a member to buy condiments.


Laidou Group's story

The LAIDOU group is made up of four women, all married, with an average age of 31 and on average two children. They live in families residing in the neighborhood Heremakono Nord of the town of Bougouni.

They met each other through bonds of neighborhood, friendship, and business. In order to bolster their financial capacity so as to better run their businesses, they joined the microfinance institution Soro Yiriwaso with whom they are on their second loan. The preceding loan has been correctly reimbursed. This group of women sell condiments, as does Adiara who is the first woman in the photo from left to right. She intends to use her loan to buy various sorts of condiments from the wholesalers of Bougouni. She makes her sales in the market and out of her home, retail and for cash or credit, to a mixed clientele.

Adiara expects to make an average monthly profit of 20,000 F CFA which will be invested in her business and used to reimburse the loan. .

In this group: Maimouna, Sitan, Djeneba, Adiara

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Translated from French by Kiva volunteer Teresa Kramer



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