A loan of $475 helped a member buying food items.

Sabougnouma Group's story

The women of the group Sabougnouma are all married. They average 38 years of age and four children each, and they live in traditional extended families in Zanfina, a village of Fana, prefecture of Dioila, 2nd administrative region of the Republic of Mali. These women of the group know one another through ties of community and kinship, and they essentially buy and sell food items, such as grains and condiments.

The women of the group are now on their first solidarity loan with the micro-finance institution Soro Yiriwaso. They intend to use this loan to buy a large quantity of dried grains (pearl millet, corn) and a major stock of condiments. Supplies are gotten essentially from producers and wholesalers. Sales are made at the Fana market and at home. Generally cash is accepted from customers composed of women and men.

The group members each envision making an average monthly profit of 9,000 francs CFA that will be used to provide for the family. The rest will be invested in their businesses.

In this group: Biba, Boh , Oumou , Atoumata , Oumou , Nana , Sodia , Niefile , Bama

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details