A loan of $1,225 helped a member to buy ingredients for her restaurant business.


Sabougnouma Group's story

The Sabougnouma group is composed of 6 women who are all married and have an average age of 29 and, on average, 3 children. They mostly live in traditional families in Méridièla, one of the villages in the Bougouni Circle. They got to know each other thanks to neighbourly and professional relationships, and friendships. They joined the Soro Yiriwaso microfinance institution in order to strengthen their financial capacity so that they could better run their businesses, and are on their 3rd loan. The previous loans have been properly reimbursed. This group of women sells cereals and condiments, groundnuts and prepared food.

Setou, who is sitting and holding paperwork, has a restaurant business. She plans to use her loan to buy half a box of Maggi stock cubes, 1 bag of rice and a package of various spices from the Bougouni wholesalers. She sells her meals at the Méridièla market and at the markets of the surrounding villages, for cash or credit to a retail clientèle made up of men and women. She expects to make an average monthly profit of 42 000 francs, which will be reinvested in her business and used to repay the loan.

In this group: Achata , Koumba , Fanta , Doussouba , Chata , Setou
*not pictured

Translated from French by Kiva volunteer



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Loan details