A loan of $825 helped a member to buy agricultural products.

Sabougnouma Group's story

Sabougnouma is a group that is part of the Benkadi association, located in Kangaré. Its four female members all know each other because they are family members or neighbors. They are on average 40 years of age, and are married with at least five children each. They all work in different businesses, including selling clothes, cereals, and agricultural produce. The group’s members all live in large traditional families in Kangaré, located in the sub-prefecture of Selingue (in the Sakasso region of Mali).

These women have worked in small-scale retail for several years, and are all in high demand. In order to meet the growing needs of their customers, they decided to join the Soro Yiriwaso loan program, and are now on their fifth group loan.

Maimouna is pictured first on the left in the photo, and is the president of the group. She is very well-known in Kangaré, and plans to use her loan to buy ten sacks of millet and five sacks of peanuts. She gets her supplies in Dalabala and the surrounding areas, and sells her cereals in Kangaré on a retail basis for cash and on credit. Her customers are both male and female.

Maimouna hopes to make a monthly profit of 40,000 francs CFA, which will allow her to repay her loan and reinvest in her business.

In this group: Maimouna, Awa, Kadia, Minata

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Translated from French by Kiva volunteer Paul Lambert

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