A loan of $825 helped a member buy fruit.

Mougnou Ani Sabali Group's story

The Mougnou Ani Sabali group consists of four women of whom two are married and two are single, all living in large traditional extended families in Banconi-Farada, a peripheral neighborhood in Commune I of the Bamako district. They average 31 years of age with four children.

They became acquainted through neighborhood ties and their income-generating activities at the Banconi-Farada market. Group members are small retail merchants of charcoal, clothing, smoked fish from Mopti, fruit and vegetables.

To increase their working capital, the group decided to work with Soro Yiriwaso and are on their first group loan cycle.

Mrs. Massan (the woman sitting on the far right) is a big seller of fruit and vegetables of all kinds at the Banconi-Farada market . She plans to use the loan to buy a cartload of mangoes and pineapples.

She gets her fruit supplies from the markets in Bamako. Retail sales are conducted at the market, for cash, to a clientele composed mostly of women.

Mrs. Massan hope to achieve with this loan an average monthly profit of 40,000 FCFA, which will be used to reinvest in the business and to provide for her family's needs.

In this group: Fatoumata , Bintou , Massan , Assan

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Translated from French by Kiva volunteer René McConnell

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