A loan of $1,600 helped a member to buy cereals.

Sabougnouma Group's story

The Sabougnouma group is composed of eight married women averaging 32 years of age with four children. They live in traditional extended families with their husbands, other wives, siblings and children in the Massablacoura district of the town of Bougouni.
They know each other as neighbors and friends as well as through their work. In order to bolster their financial capacity in order to improve their business, they have joined the microfinance institution Soro Yiriwaso and are now on their second loan. Their prior loan has been properly repaid. The group members sell cereals, which is the case of Mariam, for example, the first one on the right in the photo.
She plans to use her loan to buy 800 kg [about 1800 lbs] of corn from wholesalers in Bougouni. She sells at the market and out of her home, retail, for cash and on credit, to a customer base composed mainly of women. She plans to earn an average monthly revenue of 20,000 West African francs, which will be used to invest in her business and repay the loan.

In this group: Mariam , Balakissa , Ramata , Awa , Awa , Kamissa , Kadiatou , Bintou

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Translated from French by Kiva volunteer Katharina S

Loan details

Lenders and lending teams

Loan details