A loan of $500 helped a member to buy food condiments.

Kanou Group's story

The women of the Kanou group are all married, and live in traditional extended families. On average, they are 44 years old and have 6 children each. They all live in the village of Tamaro, in the Ségou region (4th administrative district of Mali). They met through connections with family and friends. The women buy and sell food condiments and miscellaneous items.
With the goal of increasing their assets, the group members joined micro-finance institution Soro Yiriwaso and are on their first group loan.
Madame Sanata (standing, second from the left in the photo) is an accomplished seller of condiments. She is very much in demand in the village of Tamaro and the surrounding area.
She plans to use her loan to buy 5 sacks of onions, 1 basket of eggplants, 1 basket of carrots, 1 basket of peppers and 1 basket of cabbage from wholesalers at the San fair. She sells for cash, on a retail basis and on credit to customers who are mostly women.
With this loan, Madame Sanata hopes to make an average monthly profit of 30,000 CFA francs which she will use to re-invest in the business and to help her husband in meeting the household's needs.

In this group: Minata Abou , Sanata , Alimata , Minata Lamine , Ami

Translator profile picture

Translated from French by Kiva volunteer Sarah Puchner

Loan details

Lenders and lending teams

Loan details