Check out some available loans that are similar to this one!
Sabougnouma Group
In this Group: Korotoumou , Maminata , Sanata , Salimata , Alimata
The five members of the Sabougnouma group are all married women, living mainly in traditional families and averaging 39 years of age with four children. They all live in the Bogoula settlement of the town of Skiasso (the third administrative district of Mali) and know each other as relatives and neighbors or through their business.

They sell soap and cerealsand also make sounbala [traditional spicy seasoning] for sale.
With the goal of bolstering their working capital, the group members have joined Soro Yiriwaso and are now on their ninth solidarity loan.
Mrs. Korotoumou, standing in the middle, plans to use her loan to buy 20 boxes of soap. She stocks up locally and then sells out of her home and as a street vendor, to a customer base composed of both men and women. Thanks to this loan, Mrs. Korotoumou plans to achieve a monthly revenue of 50,000 West African francs, which will be used to reinvest in her business and cover some household expenses.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles avec une moyenne d’âge de 39 ans et 4 enfants, les cinq femmes du groupe Sabougnouma habitent toutes dans le quartier Bougoula hameau de la ville de Sikasso (3ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de leurs activités professionnelles.
Elles font de la vente de savons, de céréales et de la fabrication et vente de Sounbala.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe intègrent Soro Yiriwaso et sont à leur 9ème cycle de prêt solidaire.
Madame Korotoumou, debout au milieu, compte utiliser son prêt pour acheter, 20 cartons de savon. Elle s’approvisionne sur place et ensuite fait ses ventes en ambulant et à domicile, à une clientèle composée d’hommes et de femmes. Madame Korotoumou compte réaliser avec ce prêt un bénéfice mensuel moyen de 50.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et prendre en charge certains 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
  • 533.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD