A loan of $1,575 helped a member buy food products.

Kalo Group's story

The Kalo group consists of five married women who on average are 33 years old with five children. They live in nuclear families in the Niebala neighborhood of the city of Bougouni.

They became acquainted through neighborhood ties, friendship and commerce. To strengthen their financial capacity to improve their business, they joined the Soro Yiriwaso institution where they are on their eigth loan. All seven previous loans have been fully repaid.

This group of women are retail merchants of various items like Awa, who is the first woman standing from left to right in the photo.

She intends to use her loan to buy four 20-liter cans of cooking oil, and two cases of saltwater fish from wholesalers in Bougouni. She conducts her retail sales at the market and at home, for cash and on credit, to a mixed clientele.

She expects to attain average monthly profits of 40,000 CFA francs, to be reinvested in the business and used to repay the loan.

In this group: Awa, Awa, Djeneba, Makoura, Kadia

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Translated from French by Kiva volunteer René McConnell

Loan details

Lenders and lending teams

Loan details