A loan of $800 helped a member purchase of shoes.

Sabougnouma Group's story

The Sabougnouma group is made up of three married women and one single woman; they average 26 years of age with an average of two children each. They live in traditional extended families with their brothers, sisters, co-wives, children and husbands. These women live in the Torakabougou neighborhood of the town of Bougouni (the Republic of Mali's third administrative region). They met each other through business contacts, relatives and neighbors.

With a view to having a good working capital and buying large quantities of goods, they decided to join the microfinance institution, Soro Yiriwaso. Some of the women, such as Adiara C., aim to trade in clothes and shoes. They are on their fifth group loan and all the previous loans have been repaid in full.

With this loan, Adiara C. is planning to buy 40 pairs of differing quality shoes for women and children. She gets her supplies from wholesalers in Bamako to resell them retail and wholesale, for cash and on credit in the market at Bougouni. With this loan Mrs C. is hoping to make a monthly profit of 70,000FCFA, which will be used for her business.

In this group: Adiara, Assetou, Assan, Fatoumata

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details