Check out some available loans that are similar to this one!
Lafia Group
In this Group: Diaou , Nia , Sarata , Fatoumata , Maïmouna , Ténin
The Lafia group consists of 6 married women. On average, they are 48 years old with 9 children and live in Somono and Bozo large traditional families in the village of Belenithiegni, San prefecture (Segou region, republic of Mali). They know one another through ties of community and kinship. They are engaged in nearly the same business selling fresh and smoked fish. This is the group's seventh solidarity loan with Soro Yiriwaso. Diaou H., president of the group, specializes in selling fresh fish. She plans to buy wholesale a large quantity of fresh fish of all kinds from the group's husbands, brothers and children who fish. She puts blocks of ice on large baskets filled with fresh fish bound for SIKASSO. The fish are sold at retail wholesale every week, and she makes the trip during periods when the fishing yield is high. She hopes to earn a monthly profit of 47,000 CFA per month, which will enable her to repay the loan, help the spouses and reinvest in the business.
View original language description ↓
Le groupe Lafia est constitué de 6 femmes toutes mariées ayant en moyenne 48 ans, 9 enfants et vivant dans des grandes familles traditionnelles Somono et Bozo dans le village de Belenithiegni, préfecture de SAN (région de Ségou, république du Mali).
Elles se sont connues à travers des liens de voisinage et de parenté. Elles exercent presque la même activité de vente de poissons frais et fumés. Le groupe est à son 7e prêt solidaire avec Soro Yiriwaso.
Diaou H., la présidente du groupe s’est spécialisée dans la vente de poisson frais.
Elle compte acheter, une quantité importante de poissons frais de tous genres, en gros avec leurs maris, frères et enfants, qui pêchent. Elle met des barres de glaces sur les gros paniers remplis de poisson frais en destination de SIKASSO. Les poissons sont revendus en demi gros chaque semaine et elle effectue le déplacement durant les périodes où la pêche rapporte beaucoup de poissons.
Elle envisage réaliser un bénéfice mensuel de 47000 FCFA par mois, somme qui la permettra de rembourser le prêt, de venir en aide aux époux et réinvestir dans
l’activité.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $11,397,700
    Funds lent in using Kiva
  • 472.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD