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Horonya Group
In this Group: Tata, Nènè , Djènèba , Massouda , Bintou , Djélika , Maïmouna
The group Horonya is composed of seven married women mostly in monogamous households.  The women average 36 years of age and three children each.  They all live in the seat of the rural community of Cinzana Gare, in the region of Ségou (4th administrative region of the Republic of Mali).  They know one another through ties of kinship and marriage in the village.  They do commerce in rice, peanuts, fine accessories (bracelets, necklaces, and belts), wild fruit, and plastic ware (buckets and tubs). 

With the goal of increasing their working capital, the group members decided to collaborate with the micro-finance institution Soro Yiriwaso and are now on their second solidarity loan cycle. 

Ms. Bintou M. is much in demand for selling fine, traditional accessories in and around the village, especially during this wedding season.  She intends to use her loan for buying 10 kg of kononkissè beads and a spool of nylon string at the big market of Bamako.  To make a necklace, she first sorts the lot for the colored beads that might be attractive.  Then she threads the string through the needle and stacks the beads one by one along the string, according to the tastes of her customers.  She sells the necklaces at the village fair, at home, and by going door-to-door in the surrounding villages.  Generally accepting cash, she sells to a customer base composed exclusively of women.  

Just like the other women in the group, Bintou plans on making an average monthly profit of 23,000 francs CFA that will be put into savings and used to ensure household necessities and school supplies for the children.
View original language description ↓
Le groupe Horonya est composé de sept femmes mariées majoritairement dans des ménages monogames avec en moyenne 36 ans et 3 enfants. Elles habitent toutes dans le chef lieu de commune rurale : Cinzana Gare, dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de parenté et de mariage dans le village.
Les membres du groupe font le commerce de riz, d’arachide, de parures (bracelets et colliers autours du cou et de la ceinture), de fruits sauvages et d’ustensiles en plastiques (seaux et tasses).
Dans le but d’augmenter leurs fonds de commerce, elles ont décidé de collaborer avec Soro Yiriwaso et sont à leur 2ème cycle de prêt solidaire.
Madame Bintou M. est beaucoup sollicitée dans la vente des parures traditionnelles dans le village et son environnant surtout en cette période de mariage.
Elle compte utiliser son prêt pour acheter, 10 kg de pièces de perles « kononkissè » et un rouleau de fil en nylon au grand marché de Bamako.
Pour confectionner un collier, elle trie d’abord dans le lot des perles des couleurs de pièces qui peuvent attirer, met le fil à l’aiguille et les entasse une à une au fil selon le goût de sa clientèle.
Elle les revend à la foire du village, à domicile et en ambulant dans les villages environnants à une clientèle composée exclusivement de femmes généralement au comptant.
A l’instar des autres femmes du groupe, Madame Bintou M. compte réaliser un bénéfice mensuel moyen de 23 000FCFA qui sera utilisé pour l’épargne, assurer les denrées de premières nécessités du foyer et les fournitures scolaires des enfants.

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
  • $11,512,075
    Funds lent in using Kiva
  • 529.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD