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Saniya Group
In this Group: Nantenin , Maimouna , Mariam, Mariam
The four members of the group Saniya are essentially married women who average 43 years of age and 5 children each.  They live for the most part in polygamous families in KAMALEN SIRAKORO, one of the village in the Sikasso community (3rd administrative region of the Republic of Mali).  They have revenue-generating work selling shoes, charcoal, fruit, condiments, second-hand clothing, etc.
 
The group members are collaborating with the micro-finance institution Soro Yiriwaso in order to meet the needs of their customers and are now on their second solidarity loan.  The previous loan was properly repaid.  With their new loan, they intend to buy:  3 cart-loads of oranges, 2 packets of condiments, 12 dozen pairs of plastic footwear, and 2 bales of used clothing.  Supplies are gotten at the Sikasso City marketplace and in neighboring villages.  Sales are make in cash and often on credit to customers composed of men and women at the KAMALEN SIRAKORO marketplace, by going door-to-door, and in homes. 

The group members each hope to realize an average monthly profit of 23,500 francs CFA.  A portion of the profits will be put into savings and used for the family.  The other portion will be invested in their businesses. 
View original language description ↓
Les quatre membres du groupe Saniya sont essentiellement des femmes mariées avec une moyenne d’âge de 43 ans et 5 enfants. Elles vivent la plupart dans des familles polygames à KAMALEN SIRAKORO un des villages de la commune de Sikasso, 3ème région administrative du Mali.
Elles font comme activité génératrice de revenus la vente, de chaussures, de charbon de bois, de fruits, des condiments alimentaires, de la friperie etc.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur deuxième prêt. Solidaire. Le prêt précédent a été remboursé correctement.
Avec leur nouveau prêt, elles comptent acheter, 50 sacs de charbon de bois, 3 chargements de charrette en oranges , 3 colis de condiments alimentaires ,12 douzaines de paires de chaussures en plastique et 2 balles de friperie.
Elles s’approvisionnent au marché de Sikasso ville et dans les villages avoisinants.
Elles vendent au marché de KAMALEN SIRAKORO, de façon ambulante et à domicile, au comptant et souvent à crédit à une clientèle composée d’hommes et de femmes.
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 23.500 FCFA dont une partie sera utilisée pour l’épargne et les besoins de la famille, l’autre partie sera investie dans les activités.

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

  • $1,200
    Average annual income
  • 72
    View loans »
    Mali Loans Fundraising
  • $10,874,825
    Funds lent in using Kiva
  • 440.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Saniya Group's $550 loan helped a member to buy various goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2009
Listed
Nov 8, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010