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Soro Yiriwa Group
In this Group: Mariam , Aminata , Aminata, Fatoumata
The four members of the group SORO YIRIWA are all married, and they average 27 years of age and three children each. The women live for the most part in polygamous families in MEDINE, a district in Sikasso City (3rd administrative region of the Republic of Mali). They are on their seventh collaboration with the micro-finance institution Soro Yiriwaso in order to satisfy the needs of their customers. The past loans have been repaid in the right manner. This group of women does commerce in bed sheets, grains, clothing, and shoes, as in the case of Ms. MARIAM S..

MARIAM S. intends to use her loan to buy 100 pairs of shoes. She gets her supplies at the main market of MEDINE. The shoes are resold for cash to a customer base composed of women and men at the MEDINE market and at the house.

She envisions making an average monthly profit of 90,000 francs CFA that will essentially be used for day-to-day family expenses. Her ambition is to increase her turnover to satisfy her customers further.
View original language description ↓
Les quatre membres du groupe SORO YIRIWA sont toutes mariées avec une moyenne d’âge de 27 ans, et ont en moyenne 3 enfants. Elles vivent la plupart dans des familles polygames à MEDINE un des quartiers de la ville de Sikasso 3ème région administrative du Mali.
Elles sont à leur septième collaboration avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle, les prêts passés ont été remboursés dans de bonne condition. Ce groupe de femmes fait le commerce de draps de lit, de céréales, d’habits et de chaussures avec MARIAM S..
MARIAM S. compte acheter avec son prêt 100 paires de chaussures. Elle s’approvisionne au grand marché de MEDINE.
Les chaussures sont revendues au marché de MEDINE et en famille à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 90.000FCFA utilisée essentiellement pour les dépenses quotidiennes de la famille. Elle ambitionne d’augmenter son chiffre d’affaire pour mieux satisfaire sa clientèle.

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
  • 14
    View loans »
    Mali Loans Fundraising
  • $11,519,150
    Funds lent in using Kiva
  • 446.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD