A loan of $800 helped a member to purchase atiéké and frensh fish.

Mougnoun Group's story

The group named Mougnoun is made up of married women with an average age of 37 years and each has 3 children. The majority of them live in polygamous families in Kamalen Sirakoro, a village in the Sikasso commune int eh thir administrative region of Mali. This group is a member of the microfinance institution Soro Yiriwaso (Kiva Field Partner). This is their fifth loan and with it they will meet their clients' demands. Their past credits have all been repaid. They sell shoes, cooking oil, clothing, a traditional condiment named Sounbala, and atiéké, a granualted form of casava, as well as fresh fish with Mariéou S. (the individual pictured here with a child).

With this new loan she hopes to purchase 100kg of granulated casava root and 10kg of fish. She carries out her purchases in the village market in Sikasso. She makes her sales in the Kamalen Sirakoro markets and from her home, in cash and often on credit. Her clientele is made up of both men and women. She hopes to see monthly earnings of 30.500 francs, a part of which will be put away in savings, a part will be used to fill the family's needs, and a part will be reinvested back in the business. Her ambitions are to have larger capital funds to better satisfy her clients' demands and to help her husband build a house.

In this group: Djenebou, Mariéou, Rokia, Kadia

Translated from French

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Loan details