A loan of $800 helped a member buy various items.

Soutoura Group's story

The five members of the Soutoura group are married, and on average are 34 years old with three children. They live for the most part in monogamous families in Hamdallaye, one of the neighborhoods of Sikasso, in the third administrative region of the Republic of Mali.

In response to customer needs they are requesting their second group loan from the Soro Yiriwaso MFI, having fully repaid the first one.

They sell atiécké (cassava grits), firewood and prepared meals. With their new loan they will buy: one 100-kilo bag of atiecké, one 100-kilo bag of rice, four packages of food condiments (for their catering business), and 1 ½ pickup loads of firewood.

They get their supplies from the main market in Sikasso, and from area villages. They resell their products in Sikasso or in the villages, as itinerant vendors or from a fixed location, for cash but often for credit, to a customer base of both men and women.

They hope to reach average monthly earnings of 27,500 FCFA each, of which a part will go to savings and taking care of family needs, and the rest reinvested in the business activities.

In this group: Coumba , Mamou , Nana , Sali , Assetou

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Translated from French by Kiva volunteer René McConnell

Loan details

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Loan details