Funded

Total loan: $1,050
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Serieux Group

Mali
Sikasso, Mali / Restaurant

A loan of $1,050 helped a member to buy ingredients for restauration business.


Serieux Group's story

The four members of the Serieux group are married women who average 33 years of age with four children each. The majority of them live in traditional families in Attbougou, one of the working-class districts of the town on Sikasso, Mali's third administrative region.

They are on their fifth loan with the microfinance institution, Soro Yiriwaso, so that they can satisfy customer demand.

Within the group Kadiatou, who is on the far right of the photo, has a restauration activity. With her loan she is planning to buy five sacks of rice and a variety of condiments. She sells her dishes for cash in the market to a customer base made up of men and women.

She expects to make an average monthly profit of 50,000FCFA, of which part will be used to repay her loan and the interest on it; the rest will be put into her savings.

In this group: Mariam , Fanta , Fatim, Kadiatou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Alison Le Bras



Loan details

Loan length:

8 months
Disbursed date: January 20, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 20, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children