A loan of $1,700 helped a member to buy peanuts to make and sell peanut paste.

Sabaly Group's story

The "Sabaly" group comprises women from the Koko extension area of the city of Koutiala who know each other well and live in large traditional households with their husbands, children, and other family members. They are on average 46 years old, married, and have at least three children.
This group of women sells various items such as pagnes (West African cloth), firewood, condiments, shoes, and secondhand clothing.
To increase the size of their businesses, the members decided to join Soro Yiriwaso's loan program. They are on their second group loan.
Batoma, sitting in front of the two plastic buckets in the photo, sells peanut paste.
She intends to use her loan to buy 150 kg of peanuts at the Koutiala market from the producers, and then transform it into paste. She sells her peanut paste at retail and in cash at home and at the market to a clientele composed mainly of women.
Whereas the other members of the Sabaly group intend to realize an average monthly profit of 120,000 FCFA each over the course of the loan, Ms. Batoma intends to realize 130,000 FCFA a month.
In addition to repaying their loans, the group members will use a portion of their income to pay for their personal expenses and increase their capital.

In this group: Djeneba , Oumou , Fatoumata , Awa , Mariam, Batoma , Fanta , Mariam, Mata

Translated from French by Kiva volunteer

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Loan details