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Horonya Group
In this Group: Maimouna , Kadiatou , Djènèba , Kadiatou Dite Youma , Sitan , Koudedia , Massitan , Bintou , Tata
The 9 members of the Horonya group are married and mostly live in monogamous families. They have an average age of 45 and, on average, 5 children and all live in the village of Cinzana Gare, the main town of a rural commune in the Ségou region (4th administrative region of Mali). They got to know each other thanks to neighbourly relationships and their revenue-generating activities. They buy and sell condiments (tomatoes, boxes of tomato concentrate, onions, etc.), cereals, wax cloth pagnes (highly colourful and decorative West African clothing), bed sheets, fruits and vegetables. The members of the group decided to work with Soro Yiriwaso in order to increase their business and are on their 5th group loan cycle.

Kadiatou, commonly called Youma, (the woman sitting on the left in the picture) is a large seller of all sorts of condiments in the village of Cinzare Gare. She plans to use her loan to buy 6 boxes of tomato concentrate, wholesale, at the Bamako Grand Market. She makes her sales for cash or credit from her home and at the village market to a customer base composed mainly of women. Youma hopes to make an average monthly profit of 42 000 francs with the help of this loan, which will be reinvested in her business and used to take care of the household's condiment needs.
Les neuf membres du groupe Horonya sont mariées majoritairement dans des familles monogamiques. Elles ont en moyenne 45 ans, 5 enfants et habitent toutes dans le village de Cinzana Gare chef lieu de commune rurale dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de voisinage et de leurs activités génératrices de revenu. Elles font l’achat et la vente des condiments (tomate, boites de concentrées de tomates, oignon, …), céréales, pagnes wax, draps de lits, fruits et légumes.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 5ème cycle de prêt solidaire.
Madame Kadiatou dite Youma (femme assise à gauche sur la photo) est une grande vendeuse de condiments de toutes sortes dans le village de Cinzana Gare. Elle compte utiliser son prêt pour acheter 6 cartons de boites de concentrées de tomates au grand marché de Bamako en gros. La revente se fait au comptant, à crédit à domicile et à la foire du village à une clientèle composée majoritairement de femmes. Madame Kadiatou dite Youma espère trouver un bénéfice mensuel moyen de 42.000 FCFA avec ce prêt, qui sera utilisé, pour être réinvesti dans l’activité et assurer les besoins du foyer en condiments.

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
  • 15
    View loans »
    Mali Loans Fundraising
  • $11,519,150
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD