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Sabougnouman Group
In this Group: Mamou , Fatoumata , Adjaratou , Djènèbou
The four women who make up the Sabougnouman group are all married in monogamous families, and have an average age of 32 and an average of four children each. They live in Pelengana, the administrative center of the rural community located in the country of Ségou (Mali’s fourth-largest administrative region). They know each other because they are related or are neighbors.

The group’s members work in small-scale retail selling high-grade “pagnes” (traditional wrap-around cloth), cosmetics, shoes and gum arabic. To increase their working capital and buy their supplies in cash, the group members joined Soro Yiriwaso and are on their seventh group loan cycle.

Fatoumata (the first woman from right to left in the photo) is a successful seller of all kinds of shoes in Pelengana. She plans to use her loan to buy 200 pairs of plastic shoes in the Grand Market of Bamako. She will resell her goods on a cash and credit basis from home, on the street and in Pelengana market, and her customers are mainly women. Fatoumata hopes that the loan will allow her to make an average monthly profit of 40,000 francs CFA. She will use this money to reinvest in her business, as well as to provide for her children’s education and health expenses. Like the other members of the group, Fatoumata wants to increase her business volume with this support from Soro Yiriwaso.
View original language description ↓
Mariées toutes dans des familles monogames, les quatre femmes du groupe Sabougnouman ont une moyenne d’âge de 32 ans et 4 enfants. Elles vivent à Pelengana, chef lieu de commune rurale dans le cercle de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de voisinage et de parenté. Les membres du groupe font le petit commerce de pagnes wax, produits cosmétiques de chaussures, et la gomme arabique. Dans le but d’augmenter leurs fonds de commerce et de se ravitailler au comptant, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 7ème cycle de prêt solidaire.
Madame Fatoumata (1ère femme à droite sur la photo) est une grande vendeuse de chaussure de toutes sortes à Pelengana. Elle compte utiliser son prêt pour acheter 200 paires de chaussures plastiques au grand marché de Bamako. La revente se fait au comptant et à crédit à domicile, en ambulant et au marché de Pelengana à une clientèle composée majoritairement de femmes. Madame Fatoumata compte réaliser avec ce prêt un bénéfice mensuel moyen de 40.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et assurer les besoins du foyer en soin de santé et de scolarisation des enfants. Madame Fatoumata à l’instar des autres membres du groupe a pour objectif d’augmenter le volume de son activité avec cet appui de Soro Yiriwaso.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 524.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouman Group's $775 loan helped a member to buy plastic shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012