A loan of $2,950 helped a member to buy 20 pieces of Wax pagnes (colorful African cloth), 15 meters of lightweight fabric, and 18 meters of bazin fabric.


Fotemogoban Group's story

The members of Fotemogoban Group average 46 years of age and five children. They all live in Djalakorodji, a neighborhood in Bamako, and most of them are monogamous women.

They got to know each other through bonds of community. They retail clothing, such as Wax pagnes (colorful African cloth), bazin fabrics, and lightweight fabric, as well as bananas, cement, and peanuts.

In order to build up their stock of products, the members of the group decided to work with Soro Yiriwaso, from which they are seeking their fourth solidarity loan (group loan).

Mrs. Minata is the second woman from the left in the photograph. She's very well-known as a reseller of clothing (Wax pagnes, bazin fabrics, lightweight fabric). She intends to use her loan to buy 20 pieces of Wax pagnes, 15 meters of lightweight fabric, and 18 meters of bazin fabric (rich and medium) in Bamako.

She retails in Djalakorodji and as a traveling saleswoman, to a mixed-gender clientele. With this loan, she intends to turn an average monthly profit of XOF 100'000, to be in part reinvested in her business.

Her goal is to provide for the needs of her family, especially her children, thanks to this relationship with Soro Yiriwaso.

In this group: Awa, Minata, Awa, Bintou

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Translated from French by Kiva volunteer Patrick Stadelmann



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