A loan of $825 helped a member to purchase high quality traditional outfits.


Sabougnouma Group's story

The Sabougnouma group is comprised of four women - two married and two widowed - who live in traditional extended families in Banconi-Farada, one of the outlying districts of the Bamako 'Commune I' district. They are, on average, 49 years old and have, on average, six children each. They know one another as they live close together and also all have income generating activities in the Banconi-Farada market. The group members are traders of charcoal, traditional outfits made from waxed cloth, and smoked fish from Mopti. With the goal of increasing their working capital, the members of the group have decided to work with Soro Yiriwaso and this is the first cycle of their group loan. Miriam (the woman seated on the right of the photo) has a strong reputation locally and at the Banconi-Farada market, for selling clothing. She intends to utilise her loan to purchase 25 traditional waxed cloth outfits. She buys her supplies in the 'Grand Marché' in Bamako, and sells the products for cash in the market at Banconi-Farada - mostly to women. With this loan she intends to generate an average monthly profit of 30,000 FCFA which will be used both to invest in her business, and to meet the family's needs.

In this group: Mariam , Mamou , Mamou , Saran
*not pictured

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Translated from French by Kiva volunteer Alistair Assheton



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