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Lafia Group
In this Group: Hawa , Cissé , Sira , Bintou , Mayini , Mariam
The six women in the Lafia group are married and for the most part in nuclear families. They are 35 years old on average and have an average of four children each. They all live in the Darsalam neighborhood of the city of Ségou and know each other from their businesses in the Médine Ségou marketplace. They buy and sell kitchenware, local juices, embroidered fabrics, wax, scarves, and secondhand clothing. In order to increase their capital, the members of the group are on their 10th group loan with Soro Yiriwaso.

Mariam, (the woman seated in the photo,) is a great seller of quality new and secondhand clothing. She will use her loan to buy two bales of secondhand clothing. She sells her retail goods for cash and credit to a mixed clientele out of her home, while traveling, and at the Médine Ségou marketplace.

With this loan, Mariam hopes to earn an average monthly profit of 65,000 FCFA, which will be used to reinvest in her business and to support the education of the children in her household.
View original language description ↓
Les six femmes du groupe Lafia sont mariées majoritairement dans des familles nucléaires avec en moyenne 35 ans et 4 enfants. Elles habitent toutes au quartier Darsalam dans la ville de Ségou et se sont connues à travers de leurs activités génératrices de revenu au marché Médine Ségou. Elles font l’achat et la vente d’ustensiles de cuisine, jus locaux, pagnes brodés, wax, foulards et d’habits et de la friperie. Dans le souci de se ravitailler au comptant, les membres du groupe ont connu Soro Yiriwaso et sont à leur 10ème cycle de prêt solidaire.
Mariam (la seule femme assise sur la photo) est une grande vendeuse d’habits et de friperie de qualité. Elle compte utiliser son prêt pour acheter deux balles de la friperie. Elle effectue ses ventes en détail au comptant et à crédit à une clientèle mixte à domicile, en ambulant et au marché de Médine. Avec ce prêt, Mariam espère réaliser un bénéfice mensuel moyen de 65 000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge la scolarisation des enfants 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
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 517.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD