Check out some available loans that are similar to this one!
Yiriwa Group
In this Group: Saran , Djènèba , Ami , Kadia , Fatoumata , Assan , Assan , Kala
The Yiriwa group is made up of eight women, mostly married and living in monogamous families, and are on average 37 years old and have four children. They live together in the village of Dougounikoro in the Barouéli prefecture (4th administrative region of Mali) and know each other through family and marriage ties. The Yiriwa group deals in various products: incense, soap, stainless steel cups, peanut butter, cookies made from millet, tea, and telephone cards.
They decided to get involved with Soro Yiriwaso with the goal of increasing their working capital, and they are on their third joint loan.
Mrs. Fatoumata S., who is quite successful at selling peanut butter, plans to use her loan to buy five sacks of peanuts. She gets her peanuts wholesale at the market in Konodimini.
To make peanut butter, the peanuts are shelled (by hand), she selects the best peanuts for grilling and then takes them to the mill for grinding. The resulting peanut butter is ready to be sold in small pots or at retail in small plastic bags. Her clientele consists mainly of women who buy from her home and in the town of Ségou, who pay in cash and sometimes on credit.
Like the other members of the group, Fatoumata S. hopes to make an average monthly profit of 35, 000 FCFA which will used to pay for their children’s schooling and to reinvest in their business.
View original language description ↓
Le groupe Yiriwa est composé de huit femmes mariées majoritairement dans des familles monogames avec en moyenne 37 ans et 4 enfants. Elles vivent ensemble dans le village de Dougounikoro dans la préfecture de Barouéli (4ème Région administrative du Mali) et se sont connues à travers des liens de mariage et de parenté.
Le groupe Yiriwa fait le commerce d’articles divers : encens, savons, tasses de marque inox, pâte d’arachide, galettes à bases de mil, du thé et des cartes de recharge téléphonique.
Elles ont décidé de collaborer avec Soro Yiriwaso dans le but d’augmenter leurs fonds de commerce et sont à leur 3ème prêt de groupe.
Madame Fatoumata S. qui excelle dans la vente de la pâte d’arachide compte utiliser son prêt pour acheter, 5 sacs de grains d’arachide. Elle s’approvisionne en arachide en gros à la foire de Konodimini.
Pour préparer la pâte d’arachide, les gousses d’arachides sont décortiquées (à la mains), débarrassées de ses décoctions, elle trie les meilleures graines pour les griller, après les amène au moulin pour broyage. La pâte ainsi obtenue est prête pour être vendue dans des petits seaux ou en détail dans des sachets en plastiques, à une clientèle composée essentiellement de femmes, à domicile et à Ségou ville, au comptant et à crédit parfois.
Tout comme les autres membres du groupe, Madame Fatoumata S. espère réaliser un bénéfice mensuel moyen de 35 000FCFA qui sera utilisé pour la scolarisation des enfants et réinvestir le reste dans leurs 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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 496.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Yiriwa Group's $1,625 loan helped a member to buy peanuts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010