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Wassa Group
In this Group: Souncoura , Sirantou , Korotoumou, Mah , Nachata , Sata , Rokia, Djenebou
The group Wassa is composed of married women averaging 33 years of age and three children each all living in traditional extended families in Wakoro City, Region of Koulikoro. The women know one another through ties of kinship, community, and friendship. They do commerce in small ruminants, fish, and vegetables. The women of the group Wassa are on their fifth solidarity loan.

This client, DJENEBOU, the second person sitting from the left in the photo, intends to purchase 2 head of sheep from local retailers. These small ruminants will be fed in order to be sold at a higher price to customers and to local meat roasters.

She envisions making an average monthly profit of 30,000 francs CFA that will be used to meet family needs, and part of it is reinvested in the business of selling fuels.
View original language description ↓
Le groupe Wassa, composé de femmes mariées, ont en moyenne 33 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Wakoro, Région de Koulikoro.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de petits ruminants, du poisson et de légumes.
Les femmes du groupe Wassa sont à leur cinquième prêt solidaire.
La cliente DJENEBOU, deuxième personne à partir de la gauche dans le rang des assis, compte acheter 2 ovins avec les revendeurs de la place, ces petits ruminants seront nourris afin qu’ils se vendent plus cher aux clients et aux rôtisseurs de la place.
Elle envisage réaliser un bénéfice moyen mensuel de 30 000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de vente de carburant.

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
  • 69
    View loans »
    Mali Loans Fundraising
  • $10,449,750
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wassa Group's $825 loan helped a member to purchase sheep.
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