A loan of $475 helped a member to purchase rice.

Gnogodeme Group's story

The nine women of the Gnogondeme group are all married, average 39 years of age and have an average of four children. The majority of them live in polygamous families in Siekourani, a village in the sub-prefecture of LOULOUNI, in the region of Sikasso (third administrative region of Mali).

They are taking out their third loan from the microfinance institution, Soro Yiriwaso, with the aim of increasing their turnover. This group of women trade in "pagnes" (colourful West African fabric), condiments and, in the case of Mawa O., cereals such as rice. Mawa O. is planning to buy three 50kg bags of rice with her loan. She gets her supplies at the market in Loulouni and in fairs in neighboring villages. The rice is resold on a retail basis at the market in Loulouni, to a customer base made of men and women, for cash. She envisages making an average monthly profit of 7,000FCFA, of which part will be saved for social purposes and the rest invested in her business.

In this group: Mariam, Nawa, Mariam, Mawa, Mariam, Assitan, Adam, Djeneba, Sali

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details