A loan of $2,125 helped a member to purchase kitchen utensils.


Kotognogontala Group's story

Most of them married in traditional families and averaging 41 years of age and four children each, the five women of the group SABOUGNOUMA all live in the Bougoula Hameau district in Sikasso City (3rd administrative region of the Republic of Mali). The women know one another through ties of kinship and community and through their professional work. They sell soap, utensils, and rice, and they make and sell 'soumbala' (fermented seeds or beans used in cooking).

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their 11th solidarity loan cycle.

Ms. AWA, who is standing third from the right in the photo, intends to use her loan to purchase kitchen utensils, which may include about 20 plastic cups, 35 aluminum ladles, and some plates with what is left. She gets her supplies in Sikasso and in Bougoula and then makes her sales to men and women customers.

With this loan, Ms. AWA plans making an average monthly profit of 50,000 francs CFA that will be used for reinvesting in her business and meeting certain household needs.

In this group: Djeneba , Djenebou Y , Fanta , Bintou, Mariam , Awa

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Translated from French by Kiva volunteer Daniel Kuey



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