Check out some available loans that are similar to this one!
Miriya Group
In this Group: Fanta , Sali , Aïcha, Alamako , Djénéba
The members of the Miriya solidarity group are married women who average 40 years of age and six children each. They live with their husbands and children in nuclear families in Sido, prefecture of Bougouni (third administrative region of the Republic of Mali). They came together as neighbours, and through their business activities and ties of kinship.

In order to meet customer demand and expand their businesses, they joined the loan program of the Soro Yiriwaso microfinance institution and are now on their 11th loan. All previous loans have been fully repaid. They apply their loans to the sale of non-alcoholic NBB beverages, plastic cooking utensils, and other miscellaneous items. As for Sali D., she sells fabrics and pagnes (colourful West-African cloth).

Sali D. plans to use the new loan to buy fifty meters of khaki fabric, ten Wax pagnes, ten fancier pagnes, and ten Burkinabé blankets. She gets her stocks from wholesalers in Bamako, and conducts her retail sales from her home and at the market, for cash or credit, to a customer base consisting of both men and women.

With this loan, she expects to earn a monthly profit of 30,000 FCFA, part of which will be reinvested in the business, the remainder to be used for the family’s healthcare expenses.
Les membres du groupe MIRIYA sont des femmes mariées ayant en moyenne 40 ans, 6 enfants et vivant avec leurs époux et enfants dans des familles nucléaires à Sido préfecture de Bougouni (troisième région administrative de la république du Mali). Elles se sont rencontrées à travers des relations de parenté, de commerce et de voisinage.
Dans le souci de satisfaire leurs clientèles et agrandir la taille de leur entreprise, elles ont décidé d’adhérer au programme de crédit de l’institution de microfinance Soro Yiriwaso pour la 11ème fois dont tous les prêts précédents ont été remboursés correctement. Elles utilisent les prêts pour faire le commerce de boissons NBB non alcoolisées, des ustensiles de cuisine en plastique, des articles divers et avec Sali D. le commerce de tissus et de pagnes.
Avec ce nouveau prêt Sali D., compte acheter, 50 mètres de tissus Kaki, 10 pagnes de tissus WAX, 10 pagnes de tissus fancy et 10 couvertures en tissus Burkinabé.
Elle s’approvisionne à Bamako auprès des grossistes, et effectue sa vente en détail à la maison et au marché, en espèce et à crédit à une clientèle composée de femmes et d’hommes.
Avec ce prêt elles comte réaliser un bénéfice mensuel de 30.000 FCFA dont une partie sera réinvesti dans l’entreprise et l’autre partie sera utilisée pour des frais de santé familiales.

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
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 478.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD