A loan of $525 helped a member to purchase cereals.

Sabougnouma Group's story

The Sabougnouma Group is made up of five married women who average 30 years of age and four children. Most of them live in traditional families in the Massablacoura neighborhood in the city of Bougouni. They met through neighborhood, friendship, and business ties.

To increase their financial means in order to better run their business, these women belong to microfinance institution Soro Yiriwaso, with which they are on their first loan. This group of women sells spices, cereals, clothing, and fruit and vegetables.

Mariam, who is the group member [pictured] holding some papers, buys and sells cereals. With her loan, she plans to purchase three 100kg sacks of corn and one 100kg sack of fonio from the Bougouni wholesalers. She carries out her sales at the market and at home, at retail prices for cash and credit to a group of customers made up of men and women.

Mariam expects to see an average monthly profit of 20,000 CFA francs, which will be invested in the businesses and [used to] repay the loan.

In this group: Mariam , Balakissa, Ramata , Mariam , Awa

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Translated from French by Kiva volunteer Jessalyn Pinneo

Loan details

Lenders and lending teams

Loan details