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Sabougnouma Group
In this Group: Fanta , Mamou , Aminata , Fatoumata
The four members of the Sabougnouma group are mainly married women. They are on average 39 years old with five children, and live for the most part in polygamous families in Ouayerma I, one of the working-class neighborhoods of the city of Sikasso (third administrative region of Mali).

They are on their eighth loan with the Soro Yiriwaso micro-finance institution, seeking to meet the needs of their customers. This group of women trade various items: fruits and vegetables, clothing, etc.

Aminata (on the right in the photo) has been trading pagnes wax (a type of colorful West-African fabric) for over five years and wants to become a wholesaler.

The loan will enable her to purchase 15 lengths of various kinds of pagne wax. She resupplies from wholesalers at the general market in Sikasso. She retails them by selling the whole pagne length, or by dividing it into two or three pieces, depending on the client's needs. She sells from her home and as an itinerant vendor, to both men and women customers, for cash only.

She envisions average monthly profits of 22,500 FCFA, part of which will be used to pay off the loan and interest, and the rest put into savings. She wants to increase her turnover to better satisfy her customers.
View original language description ↓
Les quatre membres du groupe SABOUGNOUMA sont essentiellement des femmes mariées ayant en moyenne 39 ans, 5 enfants et vivant majoritairement dans des familles polygamiques à Ouayerma I, un des quartiers populaires de la ville de Sikasso (3ème région administrative du Mali).
Elles sont à leur huitième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Ce groupe de femmes le commerce d’articles divers : fruits et légumes, habillements etc.
AMINATA, la première à droite de la photo, fait le commerce de pagnes wax, il y’a environ 5 ans et souhaite devenir grossiste.
Elle compte acheter avec son prêt, 15 pièces de pagnes wax de différentes sortes. Elle s’approvisionne dans au grand marché de Sikasso chez les grossistes. Elle les revend en détail (pièces découpée en trois pagnes, deux et 1 pagne, suivant le besoin des clients) de façon ambulante et en famille à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 22.500FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.
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
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 490.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouma Group's $625 loan helped a member buy pagnes wax (type of colorful West-African fabric).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2011
Listed
Dec 6, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2012