Funded

Total loan: $125
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Konoba Group

Mali
Bounou Markala, Mali / Cosmetics Sales

A loan of $125 helped a member to purchase cosmetic products.


Konoba Group's story

The four women of the Konoba group are married in polygamous families with an average of 40 years and three children between them. They live in the village of Bounou Markala, in the rural community of Sanando, region of Ségou.

They have come to know each other through ties of kinship, neighbourhood, and marriage, and they do small business in cosmetic products (pomade and perfumes), kabakourouni soaps, sugar, and nuts.

With the goal of increasing their commercial capital, the members of the group have decided to call upon the loan potential offered by Soro Yiriwaso; they are taking out their first solidarity loan.

Kadia (the first woman in the photo on the left; to the right) has a great reputation in the sale of cosmetic products of all kinds in the Bounou Markala village and its surroundings.

She plans to use the loan to purchase two cartons of skin cream and three-dozen perfumes. She restocks at the bazaar in Konodimini. She deals in cash and credit, both at home as well as moving through the surrounding villages to a clientele composed primarily of women.

Kadia hopes that with this loan, she will be able to realize a monthly profit of 7,000 FCFA, which will be subsequently reinvested in the business and enable the addition of condiments for sale.

As with the other women of the group, her goal is to increase the volume of her trade through this partnership with Soro Yiriwaso.

In this group: Kadia , Sanata , Matou , Tènè Kadia
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Michael Mszanski



Loan details

Loan length:

7 months
Disbursed date: February 8, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: February 8, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children