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Lumière Group
In this Group: Aïcha , Coumba , Fatoumata, Djouma , Dicko, Amina , Nana , Inédou , Abi , Awa
Lumière is a grouping of women from Koury (in the prefecture of Yorosso in the region of Sikasso) who know each other well because they all live in large traditional families with their husbands, children and other relatives. They average 48 years of age, with nine of them being married and the tenth a widow, and they are all mother to at least four children.

This group of women carry out a variety of different trades including the sale of dried ox skins, restauration, sale of cereals and condiments etc.. In order to expand their activities, the members decided to join Soro Yiriwaso's loan program a year ago. They are on their third group loan and all the previous loans have been repaid on time.

Aïcha N., who is a member of the Lumière group, sells dried ox skins. With her loan she is planning on buying a significant quantity of skins from butchers in Sikasso, Mopti and Koury; she sells them in Accra, the capital of Ghana, to a diverse and varied customer base, which in turn prepares the skins to eat or to sell.

While the members of the group expect to make a monthly profit of 110,000FCFA each during the course of the cycle, Aïcha N. expects to make 150,000FCFA.

As well as repaying their loans, they use a part of their income to cover their families' everyday expenses.
View original language description ↓
Lumière est un regroupement de femmes de Koury (préfecture de Yorosso région de Sikasso) qui se connaissent bien car elles vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 48 ans, sont 9 mariées et 1 veuve, mères d’au moins 4 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, la vente de peau de bœufs séchées, la restauration, la vente de céréales, de condiments etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a une année. Elles sont à leur troisième prêt de groupe et tous les prêts précédents ont été bien remboursés.
Aïcha N. qui est un membre du groupe lumière vend de la peau de bœuf séchée.
Elle compte utiliser son prêt pour acheter une quantité importante de peau, à Sikasso, Mopti et à Koury auprès des bouchers et effectue sa vente à Accra, la capitale ghanéenne, à une clientèle diverse et variée qui à leur tour prépare pour manger ou vendre.
Tandis que Les membres du groupe comptent réaliser un bénéfice moyen de 110 000FCFA chacune au cours de ce cycle Aïcha N. compte réaliser 150 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,215,175
    Funds lent in using Kiva
  • 523.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Lumière Group's $1,925 loan helped a member purchase of ox skins.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010