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Sabougnouman Group
In this Group: Mamou , Fatoumata , Adjaratou , Djibouti
The Sabougnouman group comprises 4 women, all married, who live in monogamous households and are 33 years old on average with 4 children. They live in North Pelengana, the administrative centre of a rural commune in the Ségou region (4th administrative region of Mali).
They know each other through neighbourhood relations and their clothing businesses in the area. The group members run small businesses selling pagnes (a type of brightly-printed cloth) of the 'wax' and 'fancy' styles, as well as curtains for doors and windows.
With the goal of increasing their working capital, the group members joined Soro Yiriwaso (one of Kiva's field partners) and are on their fourth solidarity (group) loan cycle.
Ms. Adjaratou M., one of the group members, is known in North Pelengana for selling pagnes newly printed by COMATEX (The Malian Textile Company) based in the city of Ségou.
She intends to use her loan to buy 20 sets of pagnes from COMATEX. She re-sells her goods in cash and on credit at home, door-to-door, and at the market in North Pelengana to a clientele composed of women and men. Ms. Adjaratou M. also sometimes sells made-to-order goods (special uniforms) to women's associations and for marriage ceremonies.
With this loan, she hopes to realize an average monthly profit of 35,000 FCFA, which will be used to reinvest in her business and take care of the household expenses. Her goal is to buy a house through this partnership with Soro Yiriwaso.
Le groupe Sabougnouman est constitué de 4 femmes toutes mariées dans des ménages monogames avec en moyenne 33 ans et 4 enfants. Elles vivent à Pelengana Nord, chef lieu d’une commune rurale dans la région de Ségou (4eme Région administrative du Mali).
Elles se sont connues à travers des liens de voisinage et de leurs activités de commerce d’habits dans le quartier. Les membres du groupe font le petit commerce de pagnes wax, fancy et rideaux pour les portes et fenêtres.
Dans le souci d’augmenter leur fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 4eme cycle de prêt solidaire.
Madame Adjaratou M. est connue à Pelengana Nord pour sa vente de pagnes nouvellement imprimés à la COMATEX (Compagnie Malienne des Textiles) basée à Ségou ville.
Elle compte utiliser son prêt pour acheter, 20 pièces de pagnes à la COMATEX. La revente se fait au comptant et à crédit, à domicile, en ambulant et au marché de Pelengana Nord à une clientèle composée de femmes et d’hommes. Madame Adjaratou M. vend parfois sur commande (uniformes) aux associations féminines et lors des cérémonies de mariage.
Elle espère réaliser avec ce prêt un bénéfice mensuel moyen de 35.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge les besoins du foyer. Elle a pour objectif d’acheter une maison à usage d’habitation dans ce partenariat avec Soro Yiriwaso.

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
  • 68
    View loans »
    Mali Loans Fundraising
  • $10,809,225
    Funds lent in using Kiva
  • 478.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouman Group's $1,050 loan helped a member to buy pagnes (a type of brightly-printed cloth).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011