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Sabougnouma  4 Group
In this Group: Sitan , Fatoumata , Namissa , Sitan , Gneba , Sitan , Rokia , Ami , Mamou , Aminata
The ten women of the Sabougnouma 4 group are all married and average 36 years of age and 2 children. They live in polygamous families in Djambougou, one of the villages in the rural city of Tingolé, Fana subprefecture, 2nd administrative region of Mali.
They collaborate with Kiva's partner, the microfinance organization Soro Yiriwaso, in order to realize their rainy season activities. They mainly grow peanuts and millet. They are seeking their third loan from Soro Yiriwaso, and the previous loans ended without problems. With this new loan, they intend to buy seeds, fertilizers, small materials, and to pay for the cost of labour and hoeing of 17.5 hectares. After the harvest, the production will be sold at the following markets : Marka-Coungo, Fana and Tingolé, to a clientele comprising both men and women.
They intend to turn an average profit of XOF 40'000 (ca US$ 85) per campaign, to be used to repay the loan and help their husbands to provide for the family.
View original language description ↓
Les dix femmes du groupe Sabougnouma 4 sont toutes mariées avec une moyenne d’âge de 36 ans, 2 enfants et vivant dans des familles polygames à Djambougou un des villages de la commune rurale de Tingolé, sous préfecture de Fana, 2ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités hivernales. Les spéculations sont l’arachide et le petit mil. Elles sont à leurs troisièmes collaborations avec l’institution, les prêts passés se sont bien dénoués.
Avec ce nouveau prêt, elles comptent acheter, des semences, des intrants, des petits matériels et payer les frais de sarclage et de labour pour entretenir 17.5 hectares.
Les productions seront vendues au niveau des marchés de Marka-Coungo, Fana et Tingolé après les récoltes à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice moyen de 40 000FCFA par campagne qui sera utilisé pour rembourser les intérêts du prêts et aider les maris à subvenir aux dépenses familiales.

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
  • 35
    View loans »
    Mali Loans Fundraising
  • $11,410,125
    Funds lent in using Kiva
  • 468.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouma 4 Group's $975 loan helped a member to buy seeds, fertilizers, small materials, and to pay for the cost of labour and hoeing of 17.5 hectares.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 1, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010