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Soutoura. Group
In this Group: Mariam, Nawa , Salimata , Safiatou
The four women of the group Soutoura are all married and average 36 years of age and 4 children.  The women live for the most part in monogamous families in Hamdallaye, a district of Sikasso City (3rd administrative region of Mali). These group members are collaborating with the micro-finance institution Soro Yiriwaso in order to satisfy the needs of their customers and are now on their ninth solidarity loan.  All the past loans have been repaid. 

They operate diverse businesses, including selling oranges, sugar, milk, onions, and smoked fish.  With this new loan, they intend to buy 20 baskets of oranges, 50 kg of sugar, 50 kg of milk, 5 sacks of onions, and 8 boxes of smoked fish.  These goods are gotten at the Sikasso City market and neighboring towns and are sold retail at different markets of Sikasso and in the different districts.  The customers are composed of men and women, most of whom pay in cash. 

The group members each envision realizing an average monthly profit of 11,500 francs CFA.  A portion of the profits will be used to repay the loan, and the other portion will be invested in the businesses. 

The women have the ambition of obtaining larger  loans in order to satisfy their customers more.
View original language description ↓
Les quatre femmes du groupe Soutoura, toutes mariées, ont une moyenne d’âge de 36ans, 4 enfants et vivent la plupart dans des familles monogames à Hamdallaye, un des quartiers de la ville de Sikasso 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur neuvième prêt solidaire. Tous les prêts passés ont été bien remboursés.
Elles mènent diverses activités qui sont entre autres la vente d’orange, de sucre, de lait, d’oignon et poissons fumé.
Avec ce nouveau prêt, elles comptent acheter, 20 paniers d’orange, 50 kg de sucre, 50 kg de lait, 5 sacs d’oignon et 8 cartons de poisson fumé, au grand marché de Sikasso ville et les localités avoisinantes. Les marchandises sont revendues en détail, dans les différents marchés de Sikasso et dans les quartiers à une clientèle composée d’hommes et de femmes, la plupart au comptant.
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 11.500FCFA dont une partie sera utilisée rembourser le prêt et l’autre partie sera investie dans les activités.
Les femmes du groupe Soutoura ambitionnent augmenter le montant de leurs prêts pour mieux satisfaire leur clientèle.

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
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 437.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD