A loan of $1,775 helped a member to purchase rice.

Sabougnouma 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 buy and sell soap 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 tenth solidarity loan cycle.

Ms. SANATA, who is standing in the middle in the photo, intends to use her loan to purchase 4 sacks of rice. She gets her supplies locally in Bougoula and then makes her sales to men and women customers.

With this loan, Ms. SANATA plans making an average monthly profit of 45,000 francs CFA that will be used for reinvesting in her business and meeting certain household needs.

In this group: Alima , Salimata, Sanata , Maminata , Korotoumou
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details