Funded

Total loan: $2,100
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Gnetaga Group

Mali
Bamako, Mali / Food Production/Sales

A loan of $2,100 helped a member buy condiments.


Gnetaga Group's story

The Gnetaga group consists predominantly of polygamous women. They are on average 42 years old with seven children. They all live in Djalakorodji, one of the neighborhoods of Bamako, and became acquainted through neighborhood ties.

Group members are small retail merchants dealing in condiments (gombos), clothing, food preparations and charcoal.

To increase their stock supply, the group decided to work with Soro Yiriwaso and are in their second group loan cycle.

Mrs. Doussouba (the woman sitting on the far left in the photo) has a great reputation at selling condiments (gombos). She intends to use her loan to buy 20 bags of gombos at wholesale prices in Medine. Retail sales are conducted in Djalakorodji to mainly women customers.

Mrs. Doussouba hopes to achieve with this loan an average monthly profit of 80,000 CFA francs, to be reinvested in the business.

She aims to buy a lot for residential use through her relationship with Soro Yiriwaso.

In this group: Mamou , Doussouba , Filifing, Fatoumata , Sitan
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

7 months
Disbursed date: June 13, 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: June 13, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children