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Laîdou Group
In this Group: Minata , Sanata , Minata , Alima , Aminata, Flaba Moussokoro
The women of the Laïdou group, all married, average 35 years of age and 3 children. They all live in extended traditional families in the village of Belekonobougou, in Dioïla Prefecture (Koulikoro Region, second administrative region of the Republic of Mali).

They got acquainted through bonds of kinship, neighborhood, and friendship. They buy and sell jewelry, fish, peanuts and soap. They are seeking their first group loan from Kiva's partner, Soro Yiriwaso.

AMINATA F. intends to buy jewelry from resellers in Wakoro village on a weekly basis. She sells daily at her home, for cash and on credit, to a clientele comprising mostly women.

She foresees turning an average monthly profit of XOF 10'000 (ca US$ 20), to be used to pay the loan installments and her children's expenses.
View original language description ↓
Les femmes du groupe Laïdou, toutes mariées, ont en moyenne 35 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Belekonobougou, préfecture de Dioïla, Région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de bijoux, de poissons, d’arachides et de savons.
Les femmes du groupe Laïdou sont à leur premier prêt solidaire avec Soro Yiriwaso.
AMINATA F. compte acheter des bijoux avec les revendeurs du village de Wakoro, hebdomadairement. Elle effectue ses ventes quotidiennement sur place à la maison, au comptant et à crédit, à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice moyen mensuel de 10 000F CFA qui sera utilisé pour payer les échéances du prêt et prendre en charge les dépenses de ses enfants.

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
  • 29
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 469.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Laîdou Group's $200 loan helped a member to buy and resell jewelry.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Mar 7, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011