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Sabougnouma Group
In this Group: Sali , Mikili , Fatoumata , Kadiatou
The members of the Sabougnouma group of the Benkadi association are married women who average 36 years of age and 3 children. They live with their husbands and children in large traditional families in the Massigui village, in the Massigui sub-prefecture, Koulikoro region, Republic of Mali.


They got acquainted by links of neighborhood and kinship. They sell various items and do catering. Eager to always have financial support for their businesses, these women work with Kiva's partner, the microfinance institution Soro Yiriwaso. They are seeking their twelfth solidarity loan (group loan). All previous loans were repaid without problem.


They intend to use this loan to buy men's and women's clothing, and a large quantity of cereals for their catering business. The clothes are purchased mostly in Bamako and Fana, whereas cereals and condiments are purchased in the surrounding villages. They sell at the Massigui market, to a clientele comprising both men and women.


They foresee turning a monthly profit of XOF 39'000 (ca US$ 90) each, to be in part used to provide food and healthcare to their families, and in part reinvested into their businesses.

View original language description ↓
Les membres du groupe Sabougnouma de l’association Benkadi sont des femmes mariées ayant une moyenne d’âge de 36 ans et 3 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans le village de Massigui, sous préfecture de MASSIGUI, Région de KOULIKORO, République du Mali.
Elles se sont connues par des liens de voisinage et de parentés. Elles font le commerce d’articles divers et la restauration.
Ces femmes collaborent avec l’institution de microfinance Soro Yiriwaso dans le souci d’avoir constamment un appui financier pour leurs activités. Elles sont à leur douzième prêt solidaire et tous les prêts précédents ont été bien remboursés.
Quant à l’utilisation du nouveau prêt, elles comptent acheter des habillements pour hommes et femmes et une grande quantité de céréales pour la restauration. Les habillements sont achetés en grande partie à Bamako et à Fana, quant aux céréales et aux condiments alimentaires pour la restauration, ils sont achetés en détail dans les villages environnants et sont revendus au marché de Massigui à une clientèle composée de femmes et d’hommes.
Elles estiment réaliser chacune un bénéfice moyen de 39 000FCFA par mois qui sera utilisé pour la nourriture, la santé et le réinvestissement 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
  • 29
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 437.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouma Group's $1,150 loan helped a member to buy clothing and cereals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2009
Listed
Nov 14, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010