Check out some available loans that are similar to this one!
Sabougnouman Group
In this Group: Doudou, Kadiatou , Sitan , Sadio , Aminata , Djènèba , Fanta Ciré , Maman
The eight members of the group Sabougnouman are married women mostly in monogamous families.  The women average 43 years of age and six children each.  They all live in the seat of the rural community of Cinzana Gare, in the Ségou region (4th administrative region of the Republic of Mali).  They know one another through ties of kinship, marriage, their revenue-generating business in the village, and at busy fairs. The group members buy and sell peanuts, potatoes, rice, canned tomatoes (as does Djènèba Konaté), local alcoholic beverages (Dodo, made from millet), and store items (candy, OMO, soap, cookies, etc.)  

With the goal of increasing their working capital in order to make their purchases in cash, the group members decided to join the micro-finance institution Soro Yiriwaso and are now on their third solidarity loan cycle. 

Ms. Djènèba Konaté intends to use her loan for buying seven boxes of tomato paste each containing six cans.  She gets her supplies of tomato paste wholesale in Koutiala and sells them retail at the village fair and at the house.  Accepting cash and sometimes credit, she sells to a customer base composed generally of women.  

Like the other women in the group, Djènèba hopes to make an average monthly profit of 20,625, francs CFA that will be put into savings and used to raise small ruminants.  
View original language description ↓
Les huit membres du groupe Sabougnouman sont des femmes mariées majoritairement dans des familles monogames avec en moyenne 43 ans et 6 enfants. Elles vivent 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, de mariage, de leurs activités génératrices de revenus dans le village et dans les foires fréquentées.
Les membres du groupe font l’achat et la vente d’arachide, de pomme de terre, du riz, des boîtes de concentrée de tomate (avec Djènèba Konaté), des boissons locales alcoolisées (le Dolo, à base de mil), et des articles de boutique (bonbon, OMO, savon, biscuits, )
Dans le but d’augmenter leurs fonds de commerce afin de faire leurs achats au comptant, elles ont décidé d’adhérer au programme crédit de Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Djènèba Konaté compte utiliser son prêt pour acheter, 7 cartons de concentrée de tomate contenant chacun 6 boîtes.
Elle se ravitaille en concentrée de tomate à Koutiala, en gros et les revend en détail, à la foire du village et à domicile, au comptant et parfois à crédit à une clientèle composée généralement de femmes.
A l’image des autres femmes du groupe, Madame Djènèba Konaté espère réaliser un bénéfice mensuel moyen de 20 625FCFA qui sera utilisé pour l’épargne et faire l’élevage des petits ruminants.

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
  • 22
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 529.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD