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Yeredon Group
In this Group: Aminata , Sali , Aminata , Balakissa , Aw
All married and living in traditional extended families, the five women in the Yeredon group have an average age of 28 and an average of two children each. They all live in the village of San in the Ségou region (fourth administrative region of Mali), and met through family, neighborhood, and marriage ties. They buy and sell condiments, cereals, and children's clothing.

With the goal of increasing their business capital, the group members joined Soro Yiriwaso and are on their first cooperative loan. Sali (second from the right in the photo) plans to use her loan to buy four dozen children's outfits. She buys her stock from wholesalers in Koutiala and Burkina Faso. She sells retail on a cash or credit basis to a customer base made up of men and women, in the San market every Monday and in other area markets. With this loan, Sali hopes to make an average monthly profit of 17,500FCFA, which she will use to reinvest in her business and pay household expenses.
Toutes mariées dans des familles traditionnelles élargies, les cinq femmes du groupe YEREDON ont en moyenne 28 ans et 2 enfants. Elles habitent toutes la ville de SAN 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 d’habits pour enfants.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 1er prêt solidaire.
Madame, SALI (2 eme personne debout de la droite vers la gauche) compte utiliser son prêt pour acheter, 4 douzaines d’habits pour enfants. elle s’approvisionne auprès des grossistes a Koutiala et au Burkina faso. Elle effectue ses ventes au comptant, en détail et à crédit à une clientèle composée d’hommes et de femmes, à la foire de SAN tous les LUNDI et les dans grands foires environnants.
Avec ce prêt, Madame SALI espère réaliser un bénéfice mensuel moyen de 17500 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

  • $1,100
    Average annual income
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 499.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD