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Mougnou [Patience] Group
In this Group: Awa , Mariam , Aminata , Maramou, Sali , Fatoumata , Kadia
Mougnou ["patience"] is a group of women from the Médina Koura district of Koutiala living in traditional extended families with their husbands, children, and other relatives. They are all married, and average 32 years of age and at least four children. This group of women sells various items, such as “atieke” [a traditional dish], food condiments, soap etc. In order to expand the scope of their business, one year ago the group members decided to join the Soro Yiriwaso credit program. They are now on their second group loan, having duly reimbursed the previous loan.

Kada M. is a group member who sells “atieké” (a couscous-like dish made with manioc [cassava] and very popular in Mali).
She plans to use her loan to purchase cartloads of heating wood from the farmers, to be used for cooking atieké, as well as bags of manioc as necessary. She retails her atieké for cahs at the Médina Koura market, to a very diverse customer base. While other members of the Mougnou group plan to achieve an average monthly income of 80,000 West African francs each in the course of this loan cycle, Kadia plans to earn 90,000 francs. Apart from repaying the loan, they use part of their revenues to cover everyday family expenses.
View original language description ↓
Mougnou est un regroupement de femmes du quartier Médina Koura de Koutiala qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 32 ans, sont mariées et mères d’au moins 4 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, l’atieké de manioc les condiments alimentaires, le savons, etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a 1 an. Elles sont à leur deuxième prêt de groupe et le prêt précédent a été bien remboursé.
Kadia M. est un membre du groupe Mougnou qui vend de l’atieké (couscous à base de manioc très apprécié par les Maliens).
Elle compte utiliser son prêt pour acheter, des chargements de charrettes en de bois de chauffe auprès des producteurs pour la cuisson de l’atieké et des sacs de maniocs au fur et à mesure. Elle vend de l’atieké en détail et au comptant au marché de Médina Koura, à une clientèle diverse et variée.
Tandis que les membres du groupe Mougnou comptent réaliser un bénéfice moyen de 80 000FCFA chacune au cours de ce cycle, Kadia compte réaliser 90.000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 471.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mougnou [Patience] Group's $1,125 loan helped a member to purchase manioc and heating wood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2011
Listed
Mar 19, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011