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Lafia Group
In this Group: Minata , Moussokoura , Kadia , Mariam , Djeneba Badisse , Djeneba Doulaye , Assitan , Fatoumata Bakadjan , Mama
The members of the Lafia Group of the Tièssiri association are married women with an average age of 37 years and 5 children on average. They live with their husbands and children in large traditional families in the village of Goni, in the subprefecture of Fana in the Koulikoro region (the second administrative region of the Republic of Mali).
These women know each other due to familial and neighborly ties. They sell cereals and charcoal. Mama S., the president of the group, does well in the cereal business and is very well known and visited.
The women of the Lafia group are collaborating with the Soro Yiriwaso microfinance institution, so as to have constant financial support for their activities.
They are requesting their fourth loan and all of their previous loans were repaid in full.
With this new loan, Mama S. hopes to buy a large amount of cereals from growers in the village and nearby, which will be sold on-site in the village and in the surrounding marketplaces to a client base consisting of both men and women.
She hopes to make an average monthly profit of 30,000 FCFA. The profits will be used for food, health, and the business.
View original language description ↓
Les membres du groupe Lafia de l’association Tièssiri sont des femmes mariées ayant une moyenne d’âge de 37 ans et 5 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans le village de Goni, sous préfecture de Fana, Région de Koulikoro (deuxième région administrative de la République du Mali).
Ces femmes se sont connues par des liens de voisinage et de parentés. Elles font le commerce de céréales et de charbon de bois. Mama S., la présidente du groupe est un des éléments qui excelle beaucoup dans l’achat vente des céréales dans lequel elle est très sollicitée et appréciée.
Les femmes du groupe Lafia collaborent avec l’institution de microfinance Soro Yiriwaso dans le souci d’avoir constamment un appui financier pour leurs activités.
Elles sont à leur quatrième prêt, et tous les prêts précédents ont été bien remboursés.
Quant à l’utilisation du nouveau prêt, Mama S. compte acheter, une grande quantité de céréales auprès des producteurs du village et environs et revend sur place dans le village et dans les foires environnantes à une clientèle composée de femmes et d’hommes.
Elle estime réaliser un bénéfice moyen de 30.000FCFA par mois. Les bénéfices sont partagés entre la nourriture, la santé et l’activité.

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
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 490.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Lafia Group's $925 loan helped a member purchase of cereals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Apr 8, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010