A loan of $650 helped a member to buy 50 kg of rice, 10 kg of fresh fish, and condiments.

Confiance Group's story

Confiance Group is made up of six married women who average 31 years of age and 3 children. They all live in nuclear families in Heremakono Centre, a neighborhood in the city of Bougouni.

They got to know each other through bonds of community, friendship, and business. To strengthen their financial capability and do better business, they joined Kiva's partner, the MFI Soro Yiriwaso, from which they are seeking their first loan.

These women run food-serving businesses, just like Naminata, the second woman from the right in the photograph. She intends to use her loan to buy 50 kg of rice, 10 kg of fresh fish, and lots of condiments from wholesalers in Bougouni.

She sells retail at the market and at her home, for cash and on credit, to a mixed-gender clientele. She foresees turning an average monthly profit of XOF 15'000, to be in part invested in her business, and in part used to repay the loan.

In this group: Naminata, Djeneba, Malado, Mamou, Salimata, Salimata

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Translated from French by Kiva volunteer Patrick Stadelmann

Loan details

Lenders and lending teams

Loan details