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Fayida Group
In this Group: Anou, Fatoumata , Sanihan , Massaran , Véronique
The five women in the Fayida group are all married. On average they are 32 years old with five children, living in large traditional Bobo families (the Bobo ethnic group is found in Mali and Burkina Faso), in the town of Tominian in the Segou Region of the Republic of Mali. They were acquainted through family ties and as neighbours.

They all have practically the same activity which is the restaurant business and trading in culinary condiments. Anou Dembelé is the group’s president and runs a restaurant. This activity provides good income and she is very much in demand.

The Fayida group is requesting their second group loan from the institution and Anou intends to use her part to buy - locally in Tominian - bags of rice and a large quantity of culinary condiments for her restaurant business. Anou sells a variety of food preparations in her restaurant located at the roadside in the very centre of Tominian .

Her customers are for the most part student schoolteachers from “l’Institut de Formations de Maîtres (IFM)” and public service officials. She hopes to attain monthly profits of 25,000 FCFA which will be used to reimburse the loan and deal with daily family expenses. Anou’s wish is for a larger loan so that she can open a second restaurant.
View original language description ↓
Les 5 femmes qui constituent le groupe Fayida sont toutes mariées. Avec une moyenne d’âge de 32 ans, 5 enfants et vivant dans des grandes familles traditionnelles Bobo dans la ville de Tominian (région de Ségou, république du Mali), elles se sont connues à travers des liens de voisinages et de parenté.
Elles exercent presque la même activité qui est la restauration et l’achat vente de condiments alimentaires.
Anou Dembélé qui est la présidente du groupe s’est spécialisée dans la restauration. Cette activité lui est très rentable et elle est très sollicitée.
Ce groupe Fayida est à son deuxième prêt avec l’institution et Anou compte utiliser le sien pour acheter, des sacs de riz et une grande quantité de condiments alimentaires pour la restauration, sur place à Tominian. Anou vend toutes sortes de plats alimentaires dans son restaurant sis en plein cœur de Tominian au bord du goudron.
Avec une clientèle constituée essentiellement d’élèves maîtres de l’Institut de Formations de Maîtres (IFM) et de fonctionnaires, Anou espère réaliser un bénéfice de 25.000FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courantes de la famille.
Anou ambitionne avoir un prêt plus important pour ouvrir un deuxième restaurant.

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
  • 74
    View loans »
    Mali Loans Fundraising
  • $10,874,825
    Funds lent in using Kiva
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fayida Group's $800 loan helped a member buy basic ingredients for restaurant business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2010
Listed
Apr 16, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010