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Sonkoma Group
In this Group: Alima , Baye , Alima , Kadiatou , Djeneba, Kadiatou, Sali , Sata , Magne, Kadia
The group Sonkoma consists of married women who are on average 35 years old and have 3 children and all live in extended traditional families in the town of Wakoro, region of Koulikoro (second administrative region of the republic of Mali). They met through family, neighborhood and friendship ties. They sell poultry, little ruminants, smoked fish and condiments and do catering.

The women of the Sonkoma group are on their fifth loan in solidarity.

The client Kadia, the second person from the left in the row of seated people, plans to buy 5kg of onion powder, one package of Maggie cubes, 2kg of salt and rice from the resellers of Nangola which will be prepared into dishes and sold on the spot and to the clients of the fair.

She envisions making an average monthly profit of 10,000 FCFA which will be used for the needs of her family and partly reinvested in her catering business.
View original language description ↓
Le groupe Sonkoma, composé de femmes mariées, ont en moyenne 35 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Wakoro, Région de Koulikoro (deuxième région administrative de la république du Mali). Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de volaille, de petits ruminants, de poissons fumés, de condiments et font la restauration.
Les femmes du groupe Sonkoma sont à leur cinquième prêt solidaire.
La cliente KADIA, deuxième personne à partir de la gauche dans le rang des assis, compte acheter 5kg de poudre d’oignon, un paquet de cube Maggie, 2kg de sel et du riz avec les revendeurs de Nangola qui seront préparés en plat alimentaires et vendus sur place et aux clients de la foire.
Elle envisage réaliser un bénéfice moyen mensuel de 10 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
  • 40
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sonkoma Group's $525 loan helped a member to buy ingredients for catering.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 24, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013