A loan of $1,475 helped a member to purchase grains and the ingredients for soap-making.

Serieux Group's story

The Serieux Group is made up of seven married women who, on average, are 38 years old and have 4 children. They live in large traditional families in the Niebala quarter of the town of Bougouni. They know one another through neighborhood, friendship and business ties. To strengthen their financial capacity, in order to better run their business, they joined the Soro Yiriwaso microfinance institution, with which they are on their second loan. The previous loan was properly repaid. This group of women sells grain and traditional soaps, like Sali, who is the third woman standing in the photo from the left to the right. With her loan, she expects to buy 500 kilograms of corn, 400 kilograms of millet, and potash and oil for making traditional soap. She stocks up at the wholesalers of Bougouni. She makes her sales at the market and from her home, at retail, for cash and for credit to a mixed clientele. She expects to make an average monthly profit of 28,000 francs CFA which will be reinvested in her business and used to repay the loan.

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

Translator profile picture

Translated from French by Kiva volunteer Martha Schmitz

Loan details

Lenders and lending teams

Loan details