A loan of $625 helped a member to buy condiments.

Sanouya Group's story

The four members of the SANOUYA group are married, 39 years old on average, and have an average of four children each. They live for the most part in monogamous families in the Babemba district, one of the larger districts in the city of Sikasso, in the third administrative region of Mali.
They are on their third loan with the microfinance institution Soro Yiriwaso, with the hope of being able to meet the demand of their customers.
Madame Matou is in the business of selling condiments in this group of women. She is standing in the middle of the photograph.
She plans to buy 100 kg of onions and 10 packets of Maggi cubes from wholesalers, and then sell them at retail for cash and on credit to a customer base made up mostly of women.
She foresees earning an average monthly profit of 15,500 FCFA, a part of which will be used to pay the loan and interest, with the rest going into her savings.

In this group: Djeneba , Sitan , Fatoumata , Matou

Translated from French by Kiva volunteer Shannon Arnold

Loan details

Lenders and lending teams

Loan details