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Sabougnouman Group
In this Group: Oumou , Dado , Yena , Datio
The women of the Sabougnouman group, all married, are 41 years old on average, have 3 children and all live in large traditional families in the Warassala village, in the sub-prefecture of Fana, Koulikoro region (second administrative region of the Republic of Mali). They know one another through parental, neighborhood and friendship ties. They sell food, charcoal, and gas. The women of the Sabougnouman group are on their sixth group loan and all their previous loans were paid back in full. Oumou B. expects to buy rice and spices for her food sales, which she does at the Warassala village level, for cash and credit to a customer base made up of men and women. She plans to make an average monthly profit of 35,000 CFA which will be used to make payments on the loan, and the rest will be re-invested in her catering business.
View original language description ↓
Les femmes du groupe Sabougnouman, toutes mariées, ont en moyenne 41 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Warassala, sous préfecture de Fana, 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 la restauration, le commerce du charbon de bois et de l’essence.
Les femmes du groupe Sabougnouman sont à leur seizième prêt solidaire et tous les prêts précédents ont été correctement remboursés.
OUMOU B. compte acheter du riz et des condiments pour la restauration qu’elle effectue au niveau du village de Warassala, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice moyen mensuel de 35.000F CFA qui sera utilisé pour payer les échéances du prêt 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
  • 35
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 470.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouman Group's $875 loan helped a member to purchase ingredients for catering.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Mar 15, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011