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Sindiya Group
In this Group: Kadiatou , Minata , Djeneba , Bamouke
The four members of the group SINDIYA are married women averaging 37 years of age and three children each. The women live in polygamous families in NOUMOUSSO, a working-class district in Kadiolo City. They are on their third loan with the microfinance institution Soro Yiriwaso to satisfy the needs of their customers. The past loans were correctly paid back.

DJENEBA, who is sitting first from the left in the photo, buys and sells condiments, as well as Wax and Real 'pagnes' (the colorful cloth of western Africa) in this group of women. She intends to use her loan to purchase 5 packs of condiments. She gets her supplies from the villages neighboring Kadiolo City and from wholesalers at the big market of Sikasso City on market days. Accepting cash and credit, she sells them retail to a mixed customer base at the Kadiolo City market and at home.

She envisions making an average monthly profit of 20,750 francs CFA. Part of the profits is used for repaying the loan and the interest on it, and the other part is for her savings.
View original language description ↓
Les quatre membres du groupe SINDIYA sont des femmes mariées avec une moyenne d’âge de 37 ans, et en moyenne 3 enfants. Elles vivent dans des familles polygamies à NOUMOUSSO un des quartiers populaires de la ville de KADIOLO.
Elles sont à leur troisième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Les prêts antérieurs ont été correctement remboursés.
DJENEBA assise 1ère à gauche sur la photo fait la vente de condiments et des pagnes wax et real dans ce groupe de femmes SINDIYA.
Elle compte acheter avec son prêt, cinq emballages de condiments. Elle s’approvisionne souvent dans les villages avoisinants Kadiolo ville et chez les grossistes au grand marché de la ville de Sikasso les jours de foire.
Elle les revend au marché de Kadiolo ville et en famille à une clientèle mixte au comptant, à crédit et en détail.
Elle envisage réaliser un bénéfice mensuel moyen de 20.750FCFA 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

  • $1,100
    Average annual income
  • 35
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD