A loan of $750 helped a member to buy four sacks of millet.

Kotognontala Group's story

Most of the five women who compose the Kotognontala group are married in polygamous families. They average 44 years of age and 4 children each, and live in Bamanankin, a neighborhood of the commune of Markala, in the Ségou region (fourth administrative region of Mali). They know each other through neighborhood ties and through their income-generating activities at the Markala and Siribala markets.

The members of this group sell dry fish, dry gombo (okra), millet and firewood. In order to boost their businesses, they have joined Soro Yiriwaso and this is their second solidarity loan.

Sitting first from the left in the photo, Mariam owns a large shop in Markala in which she stores grains.

She is planning to use her loan to buy four sacks of millet from farmers in villages near Markala. She resells for cash or on credit to a retail customer base which mostly consists of men.

Thanks to this loan, Mariam is expecting average monthly profits to reach 40,000 CFA francs, which will be reinvested in her business and also used to buy the condiments that her family needs.

In this group: Mariam , Awa , Fatoumata , Assan , Fatoumata

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Translated from French by Kiva volunteer Sophie Narayan

Loan details

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Loan details