A loan of $1,025 helped a member to purchase inventory for the restaurant.

Agnatoallama Group's story

Agnatoallama is a group of 5 women who are involved with the Fotemogoban de Tene organization. On average they are 43 years old and they have at least 8 children each. They carry out various business activities: restoration, and buying and selling of various types of merchandise. The live in large traditional families in Tene, in the San quarter (Region of Segou located in the Republic of Mali).

With the goal of satisfying the growing demand of their clientele, the Agnatoallama group first came together to request a loan from Soro Yiriwaso (Kiva Field Partner) five years ago. They are on their group loan.

Alima D. will use her loan to purchase 3 sacks of rice, 2 sacks of salt, 4 boxes of bullion, and other ingredients needed for the preparation of food. They purchase their inventory in San and Koutiala and they sell the prepared foods in Tene every day.

She expects to earn a monthly income of 28000 FCFA. This income will permit her to repay the loan and reinvest in her business. The other members of the group expect to earn a 26000FCFA monthly. It will allow them to pay back the loan and to meet their family's needs.

In this group: Alima , Djeneba , Pama , Kadia , Karia

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details