Funded

Total loan: $300
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Nissondiya Group

Mali
Fabougou, Mali / Food Production/Sales

A loan of $300 helped a member to purchase peanuts.


Nissondiya Group's story

Married for the most part in polygamous families, the ten women of the group Nissondiya average 41 years of age and three children each. The women all live in the village of Fabougou, in Région de Ségou (4th administrative region of the Republic of Mali). They know one another through ties of community and kinship. They buy and sell charcoal, grains, peanuts, tea, sugar, and fruit & vegetables.

With the goal of increasing their business capital, the group decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their first solidarity loan cycle.

Ms. Salimata (the woman seated first from the right in the photo) is a major vendor of peanuts in the village. She intends to use her loan to purchase a sack of peanuts at the Konodimini fair. Sales are made in cash or on credit to a customer base composed mostly of women.

Ms. Salimata hopes to make an average monthly profit of 5,000 francs CFA with this loan. It will be used for reinvesting in the business and ensuring her home is kept supplied with ingredients for cooking.

In this group: Salimata , Hawa Alou , Mama Tièmoko , Selimata , Minata , Hawa , Maimouna , Mayama , Hawa , Diarra
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

6 months
Disbursed date: March 29, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: March 29, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children