A loan of $225 helped a member purchase of various products.

Korotemogossigui Group's story

The members of the Korotemogossigui group are all married women, the majority of them living in large traditional polygamous households. They average 30 years of age with two children each, and they all live in the county town of the rural community of Cinzana Gare (in the 4th administrative region of Ségou). They got to know each other through neighbors, relatives and through their belonging to the women's association in Cinzana Gare.

This group trades various products, cereals, food condiments etc..

With a view to improving and increasing the volume of their business, they decided to join Soro Yiriwaso's (a micro-finance company) loan programme. Having repaid their first loan without incident, they are on their second group loan, which will be used to buy: a bag of rice, two bags of cabbages, 20kg of garlic, two bags of onions (shallots), a box of tea, ten packets of sweets, 15 packets of chocolate and 25 kg of sugar. They buy their stock locally at the weekly fair in Cinzana Gare. The products are sold on for cash or credit on the spot in the same market and also at home to a customer base made up of men, women and children.

They hope to make an average monthly profit of 13,250 FCFA, which will be used for the children's healthcare and to reinvest in their revenue generating activities. Their ambition is to buy agricultural equipment.

In this group: Tata, Assanatou, Astan Founè, Ami

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Translated from French by Kiva volunteer Alison Le Bras

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