A loan of $1,150 helped a member to purchase néré (an African tree) seeds.


Togouna Group's story

The members of the Togouna group are married women with an average age of 30 years old and an average of 4 children each. They mostly live in monogamous families in Sanoubougou I, one of the more popular neighborhoods of the city of Sikasso.

The women are on their fifth loan with the microfinance organization Soro Yiriwaso, in the hope of being able to meet the needs of their customers.

Maimouna is in the business of "sounbala" (a west African spice) in this group of women. She is shown standing in the center of the photo. Maimouna plans to use her portion of the loan proceeds to purchase 50kg of seeds from the "néré" (an African tree) which she will turn into sounbala. She will then resell the sounbala at retail in the market and out of her home, to a customer base made up mostly of women who pay in cash.

She hopes to earn an average monthly profit of 40,000 francs CFA, of which a portion will be used to pay back the loan and interest and the remainder to be put in savings.

In this group: Korotoumou , Assa , Maimouna , Abibata , Niefla , Dorkass
*not pictured

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Translated from French by Kiva volunteer Stephanie Long Phillips



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Loan details