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Hakilitoyerela. Group
In this Group: Mariam B. , Djatou, Minata , Fatoumata
The four members of the Hakilitoyerela group are of an average age of 39, are married and have four children; they generally live in polygamous families in Siekourani which is in the sub-prefecture of the Loulouni region of Sikasso, the third largest region of Mali. They are on their fifteenth collaboration with the Soro Yiriwaso microfinance organisation, so that they can meet their customers' demands. This group of women sell food condiments alongside fruit, vegetables, firewood and cereals such as rice - all with the help of Mariam B. D.. Mariam D. aims to use her loan to buy 15 10 kg bags of rice. She sources her goods from Loulouni and the neighbouring villages.
The rice is sold for cash at the Loulouni market to a customer base made up of men and women. She envisages generating an average monthly profit of 16,750 FCFA; some of this will be saved for social ends and the other part will be reinvested in business activities.
View original language description ↓
Les quatre membres du groupe Hakilitoyerela sont toutes mariées, avec une moyenne d’âge de 39ans, 4 enfants et vivent la plupart dans des familles polygames à Siekourani un village de la sous préfecture de Loulouni région de Sikasso 3ème région administrative du Mali.
Elles sont à leur quinzième collaboration avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
Ce groupe de femme fait le commerce de condiments alimentaires, de fruits et légumes, de bois de chauffe et de céréales telle la vente de riz avec Mariam B. D..
Mariam B. D. compte acheter avec son prêt, 15 sacs de 100 kg de riz. Elle s’approvisionne au marché de Loulouni et dans les foires des villages voisins.
Le riz est revendu en détail au marché de Loulouni à une clientèle composée d’hommes et de femmes, au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 16.750FCFA dont une partie sera utilisée en épargne pour des fins sociaux et l’autre partie sera investie 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
  • 11
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 488.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Hakilitoyerela. Group's $1,250 loan helped a member to buy rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010