Check out some available loans that are similar to this one!
Sabougnouma 1 Group
In this Group: Kadia , Maimouna , Djeneba , Tere , Fatoumata , Karya , Mariam , Awa Tonas , Ramata , Bintou
SABOUGNOUMA 1 is a group of married women from the village of KIFOKAN in the prefecture of SAN, region of Ségou (fourth administrative region of the Republic of Mali). They live in traditional families with their husbands, children and other relatives. They average 41 years of age and have at least eight children each.

They grow fonio, beans and okra. In order to make their farming activities profitable, the group members decided to join the Soro Yiriwaso microfinance organization two years ago. Having correctly repaid their first loan, they are now seeking a second one.

KADIA, standing third from the left with a white scarf wrapped around her head, plans to use this loan to buy fonio seeds, to pay for the cost of plowing and weeding, and to buy small farming equipment and agricultural inputs. She will make her purchases at the grand market of Kimparana. After the rainy season, the crops will be stored for a while to increase in value prior to being sold for cash at the Kimparana market and surrounding markets, at retail (often wholesale), to customers who typically come from large cities.

Once their products are sold, the group members expect to earn a profit ranging between 15,000 to 17,000 FCFA each, which they will use to pay the interest on the loan and to cover recurring household expenses.
SABOUGNOUMA 1 est un regroupe de femmes mariées du village de KIFOKAN dans la préfecture de SAN, région de SÉGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 41 ans et au moins 8 enfants.
Elles cultivent du fonio du haricot et du gombo. Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 2 ans. Après avoir correctement remboursé le prêt précédent, elles sont à leur deuxième prêt de campagne.
KADIA, la troisième debout à gauche avec un foulard blanc sur la tête, compte utiliser le prêt actuel pour acheter, des semence de fonio les frais de labour et sarclage des petits matériels et des intrants agricoles pour la culture, au grand marché de kimparana ville. Après l’hivernage, les récoltes sont stockées pendant un certain temps pour qu’elles aient de la valeur avant d’être vendues au grand marché de kimparana et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Les membres du groupe comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 15000 à 17000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courant 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

  • $1,100
    Average annual income
  • 2
    View loans »
    Mali Loans Fundraising
  • $11,596,050
    Funds lent in using Kiva
  • 457.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouma 1 Group's $975 loan helped a member to buy inputs, seeds, and small farming equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
May 18, 2011
Jul 1, 2011
Currency Exchange Loss:
Feb 15, 2012