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Siguidolo Group
In this Group: Fafa , Maï , Kadiatou , Djaminatou , Kadia , Korotoumou, Nene , Minata
The women of the group Siguidolo are all married and average 37 years of age and four children living in traditional extended families in Konobougou City, in Barouéli prefecture, Region of Ségou (4th administrative region of the Republic of Mali). The group members know one another through ties of kinship. They do commerce in calabashes, clothing, and fish, and they work in food service. The group members are now on their sixth solidarity loan, which will be used for buying cloth, fish, calabashes, and condiments, and for food catering.  

Ms. Kadiatou C. gets her supplies of rice and condiments at the Konobougou market for use in cooking dishes. Accepting cash or credit from a customer base composed of women and men, she sells her dishes along the edges of the asphalt in Konobougou.

Kadiatou envisions making an average monthly profit of 25,000 francs CFA that will be used for making the loan payments and for assisting with societal ceremonies. The rest will be reinvested in her restaurant business.
View original language description ↓
Les femmes du groupe Siguidolo, toutes mariées, ont en moyenne 37 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Konobougou, préfecture de Barouéli ; Région de Ségou (quatrième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté et font le commerce de calebasses, d’habillements, de poissons et la restauration.
Les femmes du groupe Siguidolo sont à leur sixième prêt solidaire qui sera utilisé pour acheter des tissus, des poissons, des calebasses et des condiments pour la restauration.
KADIATOU C. s’approvisionne en riz et condiments au marché de Konobougou destinés à la restauration. Elle vend ses aliments au bord du goudron de Konobougou, au comptant et à crédit, à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 25 000F CFA qui sera utilisé pour payer les échéances du prêt, payer les contributions des cérémonies sociales et le reste sera réinvesti dans son activité de restauration.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,975,475
    Funds lent in using Kiva
  • 493.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Siguidolo Group's $1,625 loan helped a member buying ingredients for food catering.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2010
Listed
Dec 31, 2010
Currency Exchange Loss:
Possible
Ended:
May 17, 2011