Funded

Total loan: $825
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Soutoura Group

Mali
Bougouni, Mali / Cosmetics Sales

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


Soutoura Group's story

The group Soutoura has four members, two who are married, one single and one widow. Their average age is 40 and they have 6 children. They live primarily in traditional families in the Massablacoura neighborhood in the city of Bougouni. They know each other from the neighborhood and as friends in business. In order to strengthen their businesses' working capital, they belong to the mircofinance institution Soro Yiriwaso with which they've taken five loans. They are in the business of selling fish, secondhand clothes, soap (for dishes and as cosmetics) and other products. Bintou, the member with the paper in her hands, is in the business of selling soaps (for dishes and as cosmetics). With the loan, she plans to purchase six boxes of various types of cosmetic soaps from wholesalers in Bamako. She sells the products at markets, door-to-door, through retail and on credit to both men and women clients. She plans to make profits of about 40,000 cfa francs per month, which she will invest back in the business and use to repay the loan.

In this group: Bintou , Kamissa , Sabou , Kadiatou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Emily Frye



Loan details

Loan length:

8 months
Disbursed date: December 27, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: December 27, 2012
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children