Total loan: $2,875

Kotognontala Group

Beleda, , Mali / Food

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A loan helped buy ingredients for restaurant business.

Kotognontala Group's story

The Kotognontala group consists of married women, who on average are 40 years old with six children. They all live in traditional families in the village of Beleda in the Dioïla prefecture, which is part of the Koulikoro region (the second administrative region of the Republic of Mali). They met through kinship, neighborhood ties and friendship. They run eateries, trade grain cereals, sell condiments, clothing and plastic shoes. The Kotognontala group of women are on their tenth group loan. To meet their customers' huge demands, they call upon Soro Yiriwaso. Fatoumata is the first person sitting from right to left. She is illiterate, and currently runs an eatery. She will buy rice, Maggi cubes and condiments from wholesalers in Massigui. Food preparations are sold for cash in her eatery to a mixed clientele. She expects to achieve monthly profits of 65,000 CFA francs, which will be reinvested in her business.