A loan of $1,200 helped a member to buy various goods.

Sabougnouman Group's story

The six members of the group Sabougnouman average 39 years of age and live for the most part in polygamous families with three children on average. They know one another through community ties in the Rail Ko district of Diamarabougou and have all been highly active in the tontine (a traditional revolving credit association) of the women of the Badenya district since October 1986.

The women are familiar with Soro Yiriwaso through a gathering of Markala artisans to which all the women's associations in the community had been invited. That is why these women have joined the loan program, with which they are on their third solidarity loan (group loan), since the first two have been repaid.

This new loan will be used to buy: 6 baskets of fresh fish, 3 baskets of fresh tomatoes, 2 sacks of fresh onions, 1 sack of cabbages, 1 sack of eggplants, 2 lengths of damask fabrics, 10 lengths of WAX brand pagnes (a colorful West African cloth), and 6 sacks of rice. Supplies of fish are gotten on the banks of the Niger River from the fisheries of Markala. Condiments are purchased weekly at the Markala fair. Clothing is purchased once a month in Bamako, and the rice, in Kolongo, once a month as well. All these goods are sold in Markala at the marketplace and at home, cash or credit accepted. Their customers are composed of men and women.

Their average profit is 30,670 francs CFA, which will be used for making up the cost of the condiments and for paying the tontine. The ambition of the group members is to increase their volume and to diversify their businesses.

In this group: Bintou , Mariam , Fatoumata , Bintou , Maïmouna , Assétou

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Translated from French by Kiva volunteer Daniel Kuey

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