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Siguidolo Group
In this Group: Maman , Assan, Binta , Djominatou , Korotoumou, Fafa
The women in the Siguidolo group that is made up of married women, spinsters, and widows, are on average 37 years old with two children. They all live in extended traditional families in Konobougou, in the Baroueli prefecture, Segou region (fourth administrative region of the republic of Mali). They met through family, neighbourhood, and friendship ties. They do catering, they sell plastic objects, and fabrics. This is their fifteenth loan. Client Assan, who is the first person on the left in the row of women who are sitting, plans to buy two sacks of rice and condiments from the resellers at the market. This is for the preparation of dishes that she sells at the market in Konobougou, to her clientele of men and women. She hopes to make an average monthly profit of 50 000FCFA which she will use for her family's needs and to reinvest in the catering business.
Les femmes du groupe Siguidolo, composé de femmes mariées, célibataires et de veuves, ont en moyenne 37 ans, 2 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Konobougou, préfecture de Baroueli, Région de Ségou (quatrième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font la restauration, le commerce d’objets plastique et des tissus.
Les femmes du groupe Siguidolo sont à leur quinzième prêt solidaire.
La cliente ASSAN, première personne à partir de la gauche dans le rang des assises, compte acheter deux sacs de riz et les condiments avec les revendeurs du marché pour la préparation des plats qui sont vendus sur place au marché de Konobougou à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 50 000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de restauration.

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
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 512.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Siguidolo Group's $1,475 loan helped a member to buy ingredients for catering.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013