Check out some available loans that are similar to this one!
Soutoura Group
In this Group: Fily , Djeneba, Albatourou , Egeni , Mariam , Nassan
The six members of the group SOUTOURA are essentially married women averaging 29 years of age and four children each. They live for the most part in monogamous families in Ouayerma I, a working-class district in Sikasso City. The women are on their 12th loan with the microfinance institution Soro Yiriwaso to satisfy the needs of their customers.

FILY, who is seated in the photo and wearing a white scarf, does commerce in plantains in this group of women. She has been in this business for about twelve years and enjoys great fame in this domain. She intends to use her loan to purchase: about 40 bunches of plantains. She gets her supplies from the big market of Médine in Sikasso on market days. She resells them for cash to a customer base composed of men and women at the big market of Sikasso City and at home.

She envisions making an average monthly profit of 42,500 francs CFA. Part of the profits is used for paying the loan interest, and the other part is for her savings.
View original language description ↓
Les six membres du groupe SOUTOURA sont essentiellement de femmes mariées avec une moyenne d’âge de 29 ans, et en moyenne 4 enfants. Elles vivent la plupart dans des familles monogamiques à Ouayerma I un des quartiers populaires de la ville de Sikasso.
Elles sont à leur douzième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
FILY ,assise en mouchoir blanc, fait le commerce de banane Plantain dans ce groupe de femmes SOUTOURA. Il ya environ 12 ans qu’elle mène cette activité et jouis d’une grande notoriété à la matière.
Elle compte acheter avec son prêt: une quarantaine de régimes de bananes plantains.Elle s’approvisionne au grand marché de Médine à Sikasso les jours de foire.
Elle les revend au grand marché de Sikasso ville et en famille à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 42.500 FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.

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
  • 30
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Soutoura Group's $1,800 loan helped a member to purchase plantains to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Nov 27, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013