A loan of $1,150 helped a member buying tomato paste.

Sabougnouman Group's story

The eight members of the group Sabougnouman are married women mostly in monogamous families.  The women average 43 years of age and six children each.  They all live in the seat of the rural community of Cinzana Gare, in the Ségou region (4th administrative region of the Republic of Mali).  They know one another through ties of kinship, marriage, their revenue-generating business in the village, and at busy fairs. The group members buy and sell peanuts, potatoes, rice, canned tomatoes (as does Djènèba Konaté), local alcoholic beverages (Dodo, made from millet), and store items (candy, OMO, soap, cookies, etc.)  

With the goal of increasing their working capital in order to make their purchases in cash, the group members decided to join the micro-finance institution Soro Yiriwaso and are now on their third solidarity loan cycle. 

Ms. Djènèba Konaté intends to use her loan for buying seven boxes of tomato paste each containing six cans.  She gets her supplies of tomato paste wholesale in Koutiala and sells them retail at the village fair and at the house.  Accepting cash and sometimes credit, she sells to a customer base composed generally of women.  

Like the other women in the group, Djènèba hopes to make an average monthly profit of 20,625, francs CFA that will be put into savings and used to raise small ruminants.  

In this group: Doudou, Kadiatou , Sitan , Sadio , Aminata , Djènèba , Fanta Ciré , Maman

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Translated from French by Kiva volunteer Daniel Kuey

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