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Mougnou Group
In this Group: Mama , Tenin , Fanta , Treize , Wahan , Worowe , Yani , Mah , Mamy , Alima
All married and living in extended, traditional families, the 10 women of the Mougnou group have an average age of 41 and, on average, 6 children. They all live in the town of Tominian in the Ségou region (4th administrative district of Mali) and got to know each other through neighbourly and family relationships, and marriage. They are small resellers of fish, condiments and various other items. The members of the group joined Soro Yiriwaso in order to increase their business and are on their first group loan.

Tenin (the first person standing on the left in the picture) is well known by everyone in town for the smoked and fresh fish that she sells. She plans to use her loan to buy 3 boxes of smoked fish and 5 boxes of fresh fish. She gets her supplies from the wholesalers in San. She makes her sales for cash or credit, door-to-door, at the Saturday market and at the large market fairs in the surrounding area, to a retail clientèle made up of men and women. Thanks to this loan, Tenin hopes to make an average monthly profit of 20 000 francs which will be reinvested in her business and used to take care of the household needs.
Toutes mariées dans des familles traditionnelles élargies, les 10 femmes du groupe Mougnou ont en moyenne 41ans et 6 enfants. Elles habitent toutes la ville de Tominian dans la région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de mariage et de parenté. Elles font le petit commerce de poissons, condiments et la vente de divers articles.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe intègrent Soro Yiriwaso et sont à leur 1er prêt solidaire.
Madame, TENIN (1 ère personne debout de la gauche vers la droite) est très connue dans son activité de vente de poissons fumés et frais de tous dans la ville. Elle compte utiliser son prêt pour acheter, 3 cartons de fumés et 5 cartons de poissons frais. Elle s’approvisionne auprès des grossistes à SAN. Elle effectue ses ventes au comptant, en détail et à crédit à une clientèle composée d’hommes et de femmes, à domicile, à la foire les Samedis et dans les grandes foires environnants.
Avec ce prêt, Madame TENIN espère réaliser un bénéfice mensuel moyen de 20.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge des besoins du foyer.

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
  • 30
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mougnou Group's $1,025 loan helped a member to buy fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013