100%

funded

Total loan: $3,125

Soutoura Group

Bamako, Bamako Capital District, Mali / Food

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A loan helped to purchase pasta.


Soutoura Group's story

The six members of the group SOUTOURA are married mostly in monogamous households. The women average 41 years of age and five children each, all living in Djelibougou, a district of Bamako. And they know one another through ties of community and their revenue-generating businesses at the Djelibougou market. The group members have small-scale businesses involving pasta, condiments, and fruit & vegetables. With the goal of building up their inventories, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their 3rd solidarity loan cycle. Ms. Sadio (the woman sitting second from the right in the photo) is famous for selling pasta. She intends to use her loan to purchase 42 boxes of spaghetti. She gets her supplies from the big market. Her sales are made retail in Djelibougou. Her customer base is composed of men and women. With this loan, Ms. Sadio plans on making an average monthly profit of 75,000 francs CFA that will be used to ensure her children’s schooling costs are covered.