Check out some available loans that are similar to this one!
Laidou Group
In this Group: Mariam , Sali , Tata , Fatoumata , Minata , Badji , Awa , Pata
All married with traditional extended families, the eight women of the Laidou Group have an average age of 38 and seven children. They all live in the city of Tènè in the Ségou region (the 4th administrative region of Mali) and know each other from neighborly, marriage, and familial ties. They sell condiments, grains, and miscellaneous items.
In trying to increase the size of their business, they have turned to Soro Yiriwaso, with whom they have their sixth solidarity loan.
Mrs. Tata (the 1st person standing on the left) hopes to use the loan to buy: four sacks of salt, five boxes of concentrated tomatos, and three baskets of spices (peppers, fièfiè, and pepper) from the wholesalers at the San market. She sells her goods for cash, retail, and for credit, to a client base made up of men and women.
With this loan, Mrs. Tata hopes to make a monthly profit of 30,000 FCFA which will be reinvested in her business and used to take care of her family's expenses.
View original language description ↓
Toutes mariées dans des familles traditionnelles élargies, les huit femmes du groupe Laïdou ont en moyenne 38 ans et 7 enfants. Elles habitent toutes la ville de TENE dans la région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de mariage et de parenté. Elles font l’achat et la vente de condiments, de céréales et des articles divers.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 6er prêt solidaire.
Madame, TATA (1ere personne debout à gauche) compte utiliser son prêt pour acheter, 4 sacs de sel de cuisine, 5 cartons de concentrée de tomate et 3 paniers d’épices (piments, fièfiè et poivre) auprès des grossistes du marché de San. Elle effectue ses ventes au comptant, en détail et à crédit à une clientèle composée d’hommes et de femmes.
Avec ce prêt, Madame TATA espère réaliser un bénéfice mensuel moyen de 30.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge des besoins du foyer.

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
  • 34
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 497.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Laidou Group's $1,625 loan helped a member to buy condiments.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012