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Gnemogognouma Group
In this Group: Abi , Diarra , Fanta , Korotoumou
The four members of the group GNEMOGOGNOUMA are essentially married women averaging 40 years of age and five children each. The women live for the most part in monogamous families in Fama, a working-class district in Sikasso City. They are on their eighth loan with the microfinance institution Soro Yiriwaso for meeting the needs of their customers.

Korotoumou does commerce in fruit and tubers in this group of women. She is the one sitting and wearing a white T-shirt in the photo. She intends to use her loan to purchase 2 cart loads of bananas and papayas, which she and her family sell retail for cash locally to a customer base composed mostly of women.

She envisions making an average monthly profit of 25,000 francs CFA. Part of the profits will be used to repay the loan and cover the interest, and the other part will go toward her savings. Her ambition is to increase her sales, so as to satisfy her customers further.
View original language description ↓
Les quatre membres du groupe GNEMOGOGNOUMA sont essentiellement de femmes mariées avec une moyenne d’âge de 40 ans, et ont en moyenne 5 enfants. Elles vivent la plupart dans des familles monogames à Fama un des quartiers populaire de la ville de Sikasso.
Elles sont à leur huitième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
Korotoumou fait le commerce des fruits et des tubercules dans ce groupe de femmes de la GNEMOGOGNOUMA elle est assise en T shirt blanc.
Elle compte acheter avec son prêt deux chargements de charrettes en bananes et papayes qu’elle revend en détail sur place en famille à une clientèle composée pour la majeur partie de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 25.000 FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne .
Elle ambitionne d’augmenter son chiffre d’affaire pour mieux satisfaire sa clientèle.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 497.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD