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Mougnoun Group
In this Group: Djenebou , Mariéou , Rokia , Kadia
The group named Mougnoun is made up of married women with an average age of 37 years and each has 3 children. The majority of them live in polygamous families in Kamalen Sirakoro, a village in the Sikasso commune int eh thir administrative region of Mali. This group is a member of the microfinance institution Soro Yiriwaso (Kiva Field Partner). This is their fifth loan and with it they will meet their clients' demands. Their past credits have all been repaid. They sell shoes, cooking oil, clothing, a traditional condiment named Sounbala, and atiéké, a granualted form of casava, as well as fresh fish with Mariéou S. (the individual pictured here with a child).

With this new loan she hopes to purchase 100kg of granulated casava root and 10kg of fish. She carries out her purchases in the village market in Sikasso. She makes her sales in the Kamalen Sirakoro markets and from her home, in cash and often on credit. Her clientele is made up of both men and women. She hopes to see monthly earnings of 30.500 francs, a part of which will be put away in savings, a part will be used to fill the family's needs, and a part will be reinvested back in the business. Her ambitions are to have larger capital funds to better satisfy her clients' demands and to help her husband build a house.
Le groupe Mougnoun est constitué de femmes mariées qui ont une moyenne d’âge de 37 ans et 3 enfants. Elles vivent la plupart dans des familles polygames à KAMALEN SIRAKORO un des villages de la commune de Sikasso, (3ème région administrative du Mali).
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur cinquième prêt. Les prêts passés se sont tous bien dénoués.
Elles font la vente de chaussures, d’huile alimentaire, de vêtements, de Sounbala et de d’atiékè plus du poisson frais avec Mariéou S. (qui a l’enfant devant elle sur la photo)
Avec son nouveau prêt, elle compte acheter, 100kg d’atiékè + 10kg de poissons. Elle s’approvisionne au marché de Sikasso ville.
Elle vend au marché de KAMALEN SIRAKORO et à domicile, au comptant et souvent à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel de 30.500FCFA dont une partie sera utilisée pour l’épargne et les besoins de la famille, l’autre partie sera investie dans les activités.
Elle ambitionne avoir plus de capitaux pour mieux satisfaire sa clientèle et aider son mari à construire leur maison.

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
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 512.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mougnoun Group's $800 loan helped a member to purchase atiéké and frensh fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011