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Soutoura Group
In this Group: Rokia, Ramata , Abi , Diaminatou, Aminata Tefoure , Oumou, Sounkoura , Maimouna , Aminata Lassina
The nine women of the group Soutoura are all married and average 38 years of age and 5 children each. They live for the most part in monogamous families in Sanoubougou I, a district of Sikasso City (third administrative region of the Republic of Mali). They do a diversity of work, including selling soap, fruit, Wax pagnes (colorful West African cloth), and grains.

The group members are on their third collaboration with the microfinance institution Soro Yiriwaso with the goal of satisfying customer needs and to increase their profits. The two preceding loans were settled. With this new loan, they intend to buy 60 boxes of soap, 15 packages of fruit, 15 bolts of Wax pagnes, and 200 kg of grain. Supplies are gotten at the grand marketplace of Sikasso, in Bamako, and in surrounding villages. The merchandise is sold at the grand marketplace of Sikasso City, locally at home, and door-to-door, to customers composed of women and men, cash or credit accepted.

The group members each envision realizing an average monthly profit of 23,000 francs CFA. A portion of the profits will be used to help their husband cover family expenses, and the other portion will be invested in business and for repaying the loan. Their ambition is to become wholesale merchants.
View original language description ↓
Les neuf femmes du groupe Soutoura sont toutes mariées avec en moyenne 38 ans et 5 enfants. Elles vivent majoritairement dans des familles monogames à Sanoubougou I, un des quartiers de la ville de Sikasso 3ème région administrative de la république du Mali.
Elles mènent diverses activités qui sont entre autres la vente de savons, des fruits, des pagnes wax et des céréales.
Elles sont à leur troisième collaboration avec l’institution de microfinance Soro Yiriwaso dans le but de satisfaire le besoin de leurs clientèles et d’augmenter leurs profits. Les deux prêts précédents se sont bien dénoués.
Avec ce nouveau prêt, elles comptent acheter 60 cartons de savon, 15 colis de fruits, 15 pièces de pagnes wax, 200 kg de céréales. Elles s’approvisionnent au grand marché de la ville de Sikasso, Bamako et dans les villages environnants. Les marchandises sont vendues au grand marché de Sikasso ville sur place, à domicile et de façon ambulante à une clientèle composée de femmes et d’hommes au comptant, en détail et à crédit.
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 23 000 FCFA dont une partie sera utilisée pour aider les maris à subvenir aux dépenses familiales et l’autre partie sera investie dans les activités et le remboursement du prêt.
Les femmes du groupe Soutoura ambitionnent de devenir des commerçantes grossistes.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 481.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD