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Siningnessigui Group
In this Group: Kadiatou , Oumou , Djinessira , Raba
The Siningnessigui group is made up of 4 married women with an average age of 39 and, on average, 3 children. They live in traditional, extended family settings in the Heremakono Nord district of Bougouni town (3rd administrative region of Mali). They got to know each other thanks to friendships, neighbourly and business relationships. In order to strengthen their financial capacity so that they can better do business, the members of the group decided to join the Soro Yiriwaso microfinance institution and are on their 5th loan. The 4 preceeding loans were properly repaid. The women in the group sell clothing, cereals, drinks, peanut butter, condiments and various other items.

Raba, the group leader, is the woman standing on the far right of the picture. She buys and sells all sorts of clothing (for adults and children). She plans to use her loan to buy two dozen sets of clothing for children from the wholesalers at Bamako. She makes her sales at the market and from her home, to her retail clientèle, made up of men and women, for cash or credit. She expects to make an average monthly profit of 30 000 francs which will be reinvested in her business and used to repay her loan.
Le groupe Siningnessigui est constitué de quatre femmes toutes mariées ayant une moyenne d’âge de 39 ans et 3 enfants. Elles vivent dans des familles traditionnelles élargies dans le quartier Heremakono Nord de la ville de Bougouni (3ème région administrative du Mali).
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur cinquième prêt. Les quatre précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce d’habits, de céréales, de boissons, de pâte d’arachide, de condiments alimentaires et d’articles divers.
RABA, qui est la présidente du groupe est la première de la droite vers la gauche. Elle fait l’achat vente d’habits de toutes sortes(pour adultes et pour enfants). Elle compte acheter avec son prêt, 2 douzaines d’habits pour enfants avec les grossistes à Bamako.
Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 30.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD