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Dembagnouma Group
In this Group: Adiaratou , Chata , Salimata , Assetou
The Dembagnouma group is made up of 2 married women and 2 widows. The group members live mainly in traditional families and have an average age of 44 and, on average, 3 children. They all live in the town of Sikasso (3rd administrative region of Mali) and got to know each other thanks to family and neighbourly relationships, and marriage. The members of the group sell yams, charcoal, shoes, oranges and wax pagnes (highly colourful and decorative West African fabric). The group members decided to join Soro Yiriwaso in order to increase their business and are on their 14th group loan cycle.

Chata (sitting on the far right in the picture) is the group member who sells wax and damask pagnes. She plans to use her loan to buy 4 bolts of wax pagnes and 3 bolts of damask pagnes. She gets her supplies from the wholesalers and makes her sales for cash or credit, at home and at the market, to a retail clientèle made up of men and women. Thanks to this loan, Chata expects to make an average monthly profit of 52 500 francs, part of which will be reinvested in her business and part of which will be used to help her husband cover some of the family's expenditures.
Constitué de 2 femmes mariées et 2 veuves, les membres de groupe Dembagnouma vivent majoritairement dans des familles traditionnelles avec une moyenne d’âge de 44 ans et 3 enfants. Elles habitent toutes dans la ville de Sikasso (3ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de mariage.
Les membres du groupe font le commerce d’ignames, de charbon de bois, de chaussures, d’orange et de pagnes wax.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégrés Soro Yiriwaso et sont à leur 14ème cycle de prêt solidaire.
Madame CHATA (1ère assise à droite sur la photo) est la vendeuse de wax et bazins du groupe. Elle compte utiliser son prêt pour acheter, 4pièces de pagnes wax et 3 pièces de pagnes bazins.
Elle s’approvisionne auprès des grossistes et effectue ses ventes en détail, au comptant et à crédit, à domicile et au marché, à une clientèle composée d’hommes et de femmes.
Madame CHATA compte réaliser avec ce prêt un bénéfice mensuel moyen de 52.500 FCFA qui sera utilisé, pour être réinvesti dans l’activité et aider son mari dans certaines dépenses familiales.

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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dembagnouma Group's $1,025 loan helped a member to buy bolts of wax and damask pagnes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013