A loan of $800 helped a member to buy millet.

Fotemogoban Group's story

The eight women in the Fotemogoban group are married, the majority of them living in polygamous families and averaging 43 years of age with six children each. They all live in the village of Donsobougou in the Ségou region (Mali's fourth administrative region) and got to know each other through neighbors, relatives and marriage. They all have small businesses selling cereals (rice and millet), groundnuts and bread. With a view to expanding their businesses, the group members decided to join Soro Yiriwaso's loan program and are on their first group loan.

Bintou (who is sitting second from the left towards the right of the photo) is a large seller of cereals in the village of Donsobougou and the surrounding areas. She is planning to use her loan to buy four sacks of millet from wholesalers at the Cinzana Gare fair. She will resell this for cash and on credit to a customer base made up of men and women. With this loan, Bintou is hoping to make an average monthly profit of 15,000FCFA, which will be used to reinvest in the business and cover the restocking of condiments in the household.

In this group: Bintou , Tinè , Fatoumata, Hawa , Fatoumata , Fatoumata , Sitan , Kani

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

Lenders and lending teams

Loan details