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Diekabara Group
In this Group: Alimata , Awa , Asetou , Timbele
The Diekabara group is made up of married and single women, who average 34 years of age with two children each. They live in traditional families in the Torakabougou district of Bougouni (the Republic of Mali's third administrative region). They got to know each other through relatives and friends.

With the aim of satisfying their customers and expanding their businesses, they decided to join the microfinance institution, Soro Yiriwaso, so that they could carry out their trading activities selling condiments, cereals, and in the case of Awa B., beauty products. They are on their second group loan and the previous loan was repaid in full.

With this new loan, Awa B. is planning to buy two cartons of perfume, ten dozen hair extensions and creams. She gets her stock from suppliers in Bamako in order to resell them on a retail basis in her kiosk located in the Torakabougou district of Bougouni, for cash and on credit to a customer base made up of men and women. With this loan she is expecting to make a monthly profit of 20,000FCFA, of which part will be used to repay the loan and the rest reinvested in the business.
View original language description ↓
Le groupe DIEKABARA est composé de femmes mariées et de célibataire, ayant une moyenne d’âge de 34 ans et 2 enfants. Elles vivent dans des familles traditionnelles et résident dans le quartier Torakabougou à BOUGOUNI, (troisième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté et de voisinage.
Dans le souci de satisfaire leurs clientèles et augmenter le niveau de leurs activités, elles ont décidé d’intégrer l’institution de microfinance Soro Yiriwaso et cela pour faire le commerce de condiments alimentaires, de céréales et avec Awa B. pour le commerce des produits de beauté.
Elles sont à leur deuxième prêt de groupe et le prêt précédent a été remboursé correctement.
Avec ce nouveau prêt Awa B., compte acheter 2 cartons de parfum, 10 douzaines de mèches et des pommades.
Elle s’approvisionne à Bamako au niveau de fournisseurs pour les revendre dans se kiosque sis au quartier Torakabougou de Bougouni en détail, au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Avec ce prêt elle compte réaliser un bénéfice mensuel de 20.000 FCFA dont une partie sera utilisée pour rembourser le prêt et le reste sera réinvesti dans l’entreprise.

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
  • 153
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 461.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Diekabara Group's $650 loan helped a member to buy beauty products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2011
Listed
May 17, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011