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Sabougnouma Group
In this Group: Anchata, Korotoumou , Sanata , Salimata , Alimata , Awa
The group Sabougnouma is composed of six married women, all monogamous, who average 38 years of age and 4 children each. The women live in the hamlet of Bougoula, a rural community of Sikasso (third administrative region of the Republic of Mali). They operate diverse businesses, including the sale of grains, fabrics, Wax pagnes (colorful West African cloth), and condiments. They are on their fourth collaboration with the loan program of the micro-finance institution Soro Yiriwaso in order to satisfy customer demand and to increase their revenues. The preceding loans have all been correctly repaid.

With this new loan, the group members intend to buy forty 50-kg sacks of grain and fifty packages of condiments. Supplies are gotten at the grand marketplace of Sikasso City and in surrounding villages. The merchandise is sold retail, in cash transactions and often on credit, at the different markets of Sikasso City, out of the house, and door-to-door. The customers are composed of women and men.

The group members each envision realizing an average monthly profit of 23,000 francs. A portion will be used to help the husbands with construction, and the other portion will be invested in business and used for making loan payments.
View original language description ↓
Le groupe Sabougnouma est constitué de six femmes mariées toutes monogames ayant en moyenne 38 ans et 4 enfants. Elles habitent à Bougoula hameau, une des communes rurales de Sikasso (3ème région administrative de la république du Mali).
Elles mènent diverses activités qui sont entre autres la vente des céréales, des tissus, des pagnes wax, et des condiments alimentaires.
Elles sont à leur quatrième collaboration avec le programme crédit de l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leurs clientèles et augmenter leurs revenus. Les prêts précédents ont été tous correctement remboursés.
Avec ce nouveau prêt, elles comptent acheter 40 sacs de 50 kg de céréales et 50 colis de condiments. Elles s’approvisionnent au grand marché de la ville de Sikasso et dans les villages environnants. Les marchandises sont vendues en détail, au comptant et souvent à crédit, dans les différents marchés de la ville de Sikasso, à domicile et de façon ambulante. La clientèle est composée de femmes et d’hommes.
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 23 000 FCFA dont une partie sera utilisée pour aider les maris à construire et l’autre partie sera investie dans les activités et le remboursement du prêt.

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
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 468.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD