Funded

Total loan: $825
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Mouniou Group

Mali
Koutiala, Mali / Food Production/Sales

A loan of $825 helped a member to buy néré beans.


Mouniou Group's story

Exclusively married into traditional extended families, the eight women in the Mouniou group are on average 36 years old with five children. They all live in the city of Koutiala, part of Sikasso (third administrative region of Mali) and became acquainted through neighborhood ties, kinship and their professional activities.

They buy and sell various items (cosmetics, clothing) and manufacture soap and sounbala.

In order to increase their working capital, the group decided to join the Soro Yiriwaso loan program and are on their 3rd loan, having properly repaid the previous two loans.

Madam Awa (the first woman on the left in the photo) is a major producer of sounbala, a popular food condiment made from nere beans. Awa is in great demand as she is appreciated for the quality of her products.

She plans to use her loan to buy 200 kilos of nere beans. She buys them from local wholesalers and after processing the beans she retails the resulting sounbala for cash or credit to both men and women customers.

With this loan, Mrs Awa hopes to achieve an average monthly profit of 30,000 FCFA to be used for reinvestment into her business and also take care of some household needs.

In this group: Awa , Fatoumata , Mamou , Mah , Batourou , Mariam , Mariam , Mariam
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

8 months
Disbursed date: March 27, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 27, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children