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Nipagagnon 1 Group
In this Group: Hawa , Minata , Sitan , Minata H , Rokia , Chata , Rokia M
Mostly married and living in traditional extended families, the seven women of Nipagagnon 1 Group have an average age of 41 and six children. They all live in the village of Kafono in Segou, the 4th largest administrative region in Mali. They know each other via neighborhood ties, work, and kinship. They buy and sell all sorts of condiments. In order to satisfy increasingly numerous and demanding customers, the group members decided to join Soro Yiriwaso and are on their first group loan. Ms. Hawa (first woman standing, from right to left, in the photo) excels at selling condiments. She is very sought-after. She plans to use her loan to buy 12 packages of Maggi seasoning, 3 boxes of tomato concentrate, 2 bags of salt, and 50 kg of onions from the fair in Koutiala. She makes her sales for cash to a retail clientele of women and men. With this loan, Ms. Hawa hopes to earn an average monthly profit of 20,000 FCFA which will be reinvested in her business and used to help her spouse take care of household needs.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles élargies, les sept femmes du groupe Nipagagnon 1 ont en moyenne 41 ans et 6 enfants. Elles habitent toutes le village de kafono dans la région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de leurs activités professionnelles et de parenté. Elles font l’achat et la vente de condiments de tous genres.
Dans le but de satisfaire le besoin de leurs clientèles de plus en plus nombreuses et exigeantes, les membres du groupe décident d’intégrer le programme crédit de Soro Yiriwaso et sont à leur 1 er prêt solidaire,
Madame, HAWA (1 ère femme debout de la droite vers gauche) excelle dans la vente de condiments. Elle est très sollicitée dans son activité.
Elle compte utiliser son prêt pour acheter, 12 paquets de maggi 3 boites de concentrée de tomate, 2 sac de sel 50 kg d’oignons. elle s’approvisionne à la foire de KOUTIALA. Elle effectue ses ventes au comptant, en détail à une clientèle mixtes.
Avec ce prêt, Madame HAWA espère réaliser un bénéfice mensuel moyen
de 20.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et aider son conjoint dans la prise en charge des 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

  • $1,200
    Average annual income
  • 16
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 513.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nipagagnon 1 Group's $700 loan helped a member to buy condiments.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013