Funded

Total loan: $850
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Sabougnouma Group

Mali
Bamako, Mali / Clothing

A loan of $850 helped a member to buy wax fabrics.


Sabougnouma Group's story

The majority of the women who make up the Sabougnouma group are married within monogamous families. On average, they are 36 years old and have three children each. They all live in Kognoumani, a neighborhood of Bamako, and they have come to know one another through neighborhood ties and also through their income-generating activities at the Kognoumani market. They sell wax fabrics, eggs, red oil and tubers. In order to increase their businesses, they have decided to join Soro Yiriwaso, and this is their second solidarity loan.

Aminata (seated on the right-hand side in the photo) is an important reseller of wax fabrics. She is planning to use her loan to buy 25 sets of wax fabrics in Bamako. She resells her merchandise on a retail basis in Kognoumani and also as an itinerant seller, and most of her customers are women. Thanks to this loan, she is expecting to make an average monthly profit of 35,000 CFA francs which will be reinvested in her business and also used to meet the needs of her family.

In this group: Seba , Doussou , Oumou , Aminata
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Sophie Narayan



Loan details

Loan length:

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