Funded

Total loan: $425
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Fotemogoba Group

Mali
N'Tentou, Mali / Food Production/Sales

A loan of $425 helped a member buy condiments.


Fotemogoba Group's story

The Fotemogoba group belongs to the Siguidia association in N'Tentou. It includes women who became acquainted through kinship and neighborhood ties. They are on average 37 years old, married with four children.

They conduct various activities such as the retail trading of condiments like Bintou, who is the first person sitting from right to left in the photo. They live in large traditional families in N'Tentou, in the Kati district (Koulikoro region, Republic of Mali).

They have been running small businesses for several years and are in high demand with their condiment-trading activities: cabbages, tomatoes and onions.

To satisfy the growing needs of their customers, the group decided one year ago to join the Soro Yiriwaso loan program. They are on their second group loan.

Bintou, who is a group member and very well known in N'Tentou, excels in selling condiments. She plans to use her loan to buy 10 baskets of tomatoes. She resupplies from wholesalers in Bamako and locally, and retails her products in Ouelessebougou, for cash and on credit, to a clientele composed of men and women.

She hopes to attain monthly profits of 20,000 CFA francs, which will enable her to repay the loan and reinvest the remainder in her condiment-trading activities.

In this group: Djouma , Bintou , Fatoumata, Assetou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

7 months
Disbursed date: April 15, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: April 15, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children