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Sabougnouma 2 Group
In this Group: Mafini , Wassa , Tenin , Nassoun Solo , Niatio , Anchata , Nassoun , Yogonou Awa , Yire , Bougougnere
The members of the SABOUGNOUMA 2 group are married women who are, on average, 37 years old and have three children each. They all live in polygamous families in Nagnassoni, one of the villages of Sikasso.

They are working with the microfinance institution Soro Yiriwaso in order to carry out their farming activities during the rainy season.

This is their second loan with the institution; their first loan was well repaid.

Nassoun, second from the left in the standing row, cultivates sorghum.

With her loan, she is planning to buy some agricultural inputs and to pay for the cost of plowing on one hectare of land.

The resulting crop is sold after the harvest in the village and at the Sikasso market, to a customer base comprising men and women.

She is expecting average profits to reach 95,000 CFA francs per season.

Thanks to this profit, she will be able to repay her loan and to help her husband with the daily living expenses.
View original language description ↓
Les membres du groupe SABOUGNOUMA 2 sont des femmes mariées ayant une moyenne d’âge de 37 ans, 3 enfants et vivant toutes dans des familles polygames à Nagnassoni, un des villages de SIKASSO.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur 2ème prêt avec l’institution, le prêt précédent a été bien remboursé.
La spéculation cultivée est le sorgho avec Nassoun 2ème debout partir de la gauche.
Avec son prêt, elle compte acheter des intrants et payer les frais de labours pour entretenir 1 hectare.
La production est vendue au niveau du village et au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 95.000FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 533.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouma 2 Group's $675 loan helped a member to buy agricultural inputs and to pay for the cost of plowing.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 20, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013