A loan of $825 helped a member to purchase fruit.

Gnemogognouma Group's story

The four members of the group GNEMOGOGNOUMA are essentially married women averaging 40 years of age and five children each. The women live for the most part in monogamous families in Fama, a working-class district in Sikasso City. They are on their eighth loan with the microfinance institution Soro Yiriwaso for meeting the needs of their customers.

Korotoumou does commerce in fruit and tubers in this group of women. She is the one sitting and wearing a white T-shirt in the photo. She intends to use her loan to purchase 2 cart loads of bananas and papayas, which she and her family sell retail for cash locally to a customer base composed mostly of women.

She envisions making an average monthly profit of 25,000 francs CFA. Part of the profits will be used to repay the loan and cover the interest, and the other part will go toward her savings. Her ambition is to increase her sales, so as to satisfy her customers further.

In this group: Abi , Diarra , Fanta , Korotoumou

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

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Loan details