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Wassa Group
In this Group: Sitan Birama , Oumou , Kadia , Wassa , Nana , Bintou , Assitan Zanke
The members of the Wassa group are married women with an average age of 38 years and 3 children. They live with their husbands and children in large traditional families in the village of Fougani, in the Fana subprefecture, in the region of Koulikoro (second administrative region of the Republic of Mali).
These women know each other due to familial and neighborly ties. They sells cereals and charcoal. Nana D. is one of the members who sells charcoal.
Nana, like the other members of the group, is collaborating with the microfinance institution Soro Yiriwaso to have constant financial support for their activities.
They are on their fourth loan and all of their previous loans were repaid in full.
With this loan, Nana hopes to buy cartloads of charcoal from producers in the village and surrounding areas, which will then be sold on-site to a client base comprised mainly of retailers.
She hopes to make an average monthly profit of 25,000 FCFA. The profits will be invested in food, health, and the business.
View original language description ↓
Les membres du groupe Wassa sont des femmes mariées ayant une moyenne d’âge de 38 ans et 3 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans le village de Fougani, sous préfecture de Fana, Région de Koulikoro (deuxième région administrative de la République du Mali.
Elles se sont connues par des liens de voisinage et de parentés. Elles font le commerce de céréales et de charbon de bois. Nana D. est un des membres qui fait le commerce de charbon de bois.
Nana tout comme les autres membres du groupe collabore 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 se sont bien dénoués.
Quant à l’utilisation de ce nouveau prêt, Nana compte acheter, des chargements de charrettes en sacs de charbon de bois avec les producteurs du village et environs et revend sur place à une clientèle composée essentiellement de revendeurs.
Elle estime réaliser un bénéfice moyen de 25 000FCFA par mois. Les bénéfices sont investis dans la nourriture, dans la santé et dans 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

  • $1,100
    Average annual income
  • 14
    View loans »
    Mali Loans Fundraising
  • $11,520,875
    Funds lent in using Kiva
  • 490.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD