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Sinjiya Group
In this Group: Mariam , Saly , Safoura , Rokiatou
The four women of the SINJIYA group are all married and in monogamous families. On average they are 39 years of age and have 3 children. They live in MEDINE, one of the neighborhoods of the city of Sikasso, 3rd administrative region of Mali. They are on their fourth loan with the Soro Yiriwaso microfinance institution, with the intention of satisfying the needs of their clientele and increasing their profits. All the preceding loans were reimbursed without any difficulty. They perform various activities including the sale of wood for heating, oranges, and potatoes. With this loan, they plan to buy 30 loads of firewood, 15 bags of oranges and 20 bags of potatoes. They supply themselves in the big market of the city of Sikasso and in the surrounding towns. The merchandise is sold from a location in the big market of Sikasso city, door-to-door and on foot to a clientele composed of women and men, for cash and often for credit. They hope to realize an average monthly profit of 19,000 FCFA each, of which a part will be used to help their husbands and the remainder will be invested in the business and in repaying the loan. The women of the SINJIYA group aim to become wholesale traders.
View original language description ↓
Les quatre femmes du groupe SINJIYA sont toutes mariées dans des familles monogames avec une moyenne d’âge de 39 ans et 3 enfants. Elles habitent à MEDINE un des quartiers de la ville de Sikasso 3ème région administrative du Mali.
Elles sont à leur quatrième collaboration avec l’institution de microfinance Soro Yiriwaso dans le but de satisfaire le besoin de leur clientèle et d’augmenter leur profit. Tous les prêts précédents ont été remboursés sans aucune difficulté.
Elles mènent diverses activités qui sont entre autres la vente du bois de chauffe, d’orange, et de pomme de terre.
Avec ce prêt, elles comptent acheter, 30 chargements de charrettes en bois de chauffe , 15 sacs d’orange et 20 sacs de pomme de terre.
Elles s’approvisionnent au grand marché de la ville de Sikasso 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 et souvent à crédit.
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 19 000 FCFA dont une partie sera utilisée pour aider le mari et l’autre partie sera investie dans les activités et le remboursement du prêt.
Les femmes du groupe SINJIYA 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

  • $1,200
    Average annual income
  • 43
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 439.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sinjiya Group's $1,150 loan helped a member to buy firewood, oranges and potatoes for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 2, 2009
Listed
Nov 9, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010