A loan of $975 helped a member to purchase various dry goods.


Kounkorota Group's story

The members of the KOUNKOROTA group are married women who average 42 years of age and four children each. They all live in extended traditional families in the village of Welabougou, prefecture of Dioïla, in the Koulikoro region (second administrative region of the Republic of Mali).

They know one another as neighbors and through ties of kinship and friendship. They sell dry goods, condiments and clothing, and they also keep market gardens.

The KOUNKOROTA members are on their first group loan, which they will use to purchase various dry goods, condiments, seeds and clothing. FANTA D. plans to buy a lot of dry goods from Dioïla wholesalers and also in Fana. She conducts her sales daily from her home and at the market, for cash and on credit, to a customer base consisting of both men and women.

She expects to earn an average monthly profit of 40,000 FCFA, which will be used to make loan repayments and contributions to social ceremonies. The remainder will be reinvested in her business activity.

In this group: Foune , Kankou , Aminata , Sadio Tiemoko, Assan , Bah , Fanta , Fanta Sidiki , Mariam

Translated from French by Kiva volunteer



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