A loan of $825 helped a member to buy grains.

Soutoura Group's story

All married in extended traditional families, the four women of the Soutoura group average 42 years of age and 6 children each. They all live in Sienso, a village located in the Segou region (fourth administrative region of Mali). They know each other through family and neighborhood ties. They buy and sell condiments and various other goods.

In order to increase their business, the members of the group have joined the microfinance institution Soro Yiriwaso. This is their second solidarity loan.

Aissa (first from the right in the photo) is a successful grain seller. Her goods are in great demand in her village. She plans to use her loan to buy 300 kilos of pearl millet, 200 kilos of maize, and 275 kilos of beans. She buys her merchandise at the small markets of Dah and Cinzara. She sells retail, for cash and on credit, to a customer base which essentially consists of women.

With this loan, Aissa is expecting average monthly profits to reach 28,000 CFA francs, which will be reinvested in the business and also used to help her husband provide for the family.

In this group: Fatoumata , Aissa , Aissata , Aissa

Translator profile picture

Translated from French by Kiva volunteer Sophie Narayan

Loan details

Lenders and lending teams

Loan details