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Sinignessigui (Préparer L’Avenir) Group
In this Group: Maïmouna, Maïmouna , Chata , Tenin , Baro, Djeneba
The group Sinignessigui is composed of six women from the village of Kimparana (San prefecture, Ségou region) who average 39 years of age and six children each. They live in polygamous households. The women of this group are all restauranteurs. Given their village's location, at a highly populated crossroads, they sell rice, beans, meat, fonio (a kind of millet), etc. locally in eateries.


To expand their businesses, the group members decided to join the Soro Yiriwaso loan program three years ago. The loan amounts have gone from 50,000 francs CFA for the first loan to 200,000 francs for the sixth solidarity loan. All the other loans have been correctly repaid.


The current loan will be used to buy sacks of rice, buckets of peanut butter, and other ingredients for catering. Thus, with this new loan, they each plan to realize an average profit of 230,000 francs in the course of this cycle. In addition to the loan payments, they intend to address common family expenses. These women have eateries or stalls as restaurants. They intend have restaurants in the future and to diversify their offerings by including cold drinks.

View original language description ↓
Le groupe Sinignessigui est composé de six femmes du village de Kimparana (préfecture de San région de Ségou) qui ont en moyenne 39 ans, 6 enfants et vivent dans des foyers polygames.
Les femmes du groupe Sinignessigui sont toutes des restauratrices. Vu la situation géographique de leur village qui est un carrefour très peuplé, elles vendent sur place dans des gargotes du riz, haricot, viande, fonio etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis trois ans. Le montant du prêt est passé de 50.000 FCFA au premier prêt à 200.000 FCFA pour le sixième prêt solidaire. Tous les autres prêts ont été correctement remboursés.
Le prêt actuel sera utilisé pour acheter, des sacs de riz, des seaux de pâte d’arachide et autres ingrédients pour la restauration.
Ainsi avec ce nouveau prêt, elles comptent réaliser en moyenne 230 000 FCFA. de bénéfice chacune au cours du cycle.
En plus du remboursement des prêts elles comptent faire face aux dépenses courantes de la famille.
Ces femmes ont des gargotes ou des hagards pour la restauration. Elles comptent avoir dans l’avenir des restaurants et diversifier leurs marchandises en y ajoutant des boissons glacées.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,100
    Average annual income
  • 22
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 504.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sinignessigui (Préparer L’Avenir) Group's $2,400 loan helped a member to buy ingredients for catering.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009