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Yeredon Group
In this Group: Veronique , Kanou , Anne , Aissata , Nema
Most of the five women of the Yeredon group are married and live in large traditional families. The average age for the group is 36 years old, and the women have, on average, four children each. They all live in the town of Tominian, in the Ségou region (fourth-largest administrative region in Mali). They met one another through neighborly, professional, and family ties. They buy and sell condiments and grains.

The group members decided to join Soro Yiriwaso's credit program in the hope of meeting the high demand of their ever-growing customer base. They are on their third group loan.

KANOU (in the photo, she is the woman standing in the middle, wearing a full wax) excels in the sale of condiments of all sorts. She is in very high demand in the town of Tominian and its surroundings.

She plans to use her loan to buy 10 20L-contianers of oil, two dozen Maggis, 1 box of pepper, 3 boxes of tomato paste, and 4 bags of salt. She stocks up each month at the border between Mali and Burkina Faso, specifically in Benena. She sells her goods individually, for cash, to a mixed clientele at the big market in Tominian.

With the loan, KANOU hopes to earn an average monthly profit of 30,000 FCFA, which she will reinvest in her business and use to help her spouse support their family.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles élargies, les cinq femmes du groupe Yeredon ont en moyenne 36 ans et 4 enfants. Elles habitent toutes le village de Tominian dans la région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de leurs activités professionnelles et de parenté. Elles font l’achat et la vente de condiments et de céréales.
Dans le but de satisfaire le besoin de leurs clientèles de plus en plus croissantes et exigeantes, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso et sont à leur 3e prêt solidaire.
Madame KANOU (debout au milieu en complet wax sur la photo) excelle dans la vente de condiments de tous genres. Elle est très sollicitée dans la ville de Tominian et ses environnants.
Elle compte utiliser son prêt pour acheter, 10 bidons de vingt litres d huile deux douzaines de Maggi un carton de poivre 3 cartons de pâte de tomate et 4 sacs de sel. Elle s’approvisionne à la frontière MALI Burkina plus précisément à Benena, mensuellement. Elle effectue ses ventes au comptant, en détail à une clientèle mixtes au grand marché de Tominian.
Avec ce prêt, Madame KANOU espère réaliser un bénéfice mensuel moyen de 30 000 FCFA qui sera utilisé pour être réinvesti dans l’activité et aider son conjoint dans la prise 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

  • $1,100
    Average annual income
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD