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Saniya Group
In this Group: Kadiatou , Minata , Korotoumou , Magnine , Rokia
The members of the Saniya group are married women who average 35-years-old with 3 children. With their husband and children, they live in large traditional families in the Fantomougou village, in the Fana district of the Mali Republic. They know each other through neighbor and work connections. They collaborate with the microfincance institution Soro Yiriwaso, taking care to always have financial support for their activities. They are on their tenth loan together and have repaid all of their previous loans in full. With this new loan, they count on buying a large quantity of tubers from vendors in Sikasso and wholesale food condiments in Bamako for catering. They make their sales at the Fana market and on the sidewalk at the edge of the village (at the border control checkpoint) to both male and female customers.They estimate making a monthly profit of 45,000 FCFA. The profits are shared and go toward food, health, and social activities.
View original language description ↓
Les membres du groupe Saniya sont des femmes mariées ayant une moyenne d’âge de 35 ans et 3 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans le village de Fantombougou, sous préfecture de Fana, Région de KOULIKORO, République du Mali. Elles se sont connues par des liens de voisinage et de commerce.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le souci d’avoir constamment un appui financier pour leurs activités.
Elles sont à leur dixième prêt solidaire et tous les prêts précédents ont été correctement remboursés.
Quant à l’utilisation de ce nouveau prêt, elles comptent acheter, une grande quantité de tubercules auprès des revendeurs venant de Sikasso, des condiments alimentaires en gros à Bamako pour la restauration.
Elles effectuent leurs ventes sur place au marché de Fana et au bord du goudron à la sortie de la ville (au niveau du poste de contrôle) à une clientèle composée de femmes et d’hommes.
Elles estiment réaliser chacune un bénéfice moyen de 45.000FCFA par mois. Les bénéfices sont partagés entre la nourriture, la santé et 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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 448.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Saniya Group's $1,675 loan helped a member purchase of tubers and condiments.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2009
Listed
Dec 14, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010