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Marademe Group
In this Group: Djelika , Sayon, Djinessira , Minata , Fanta
The Marademe group is made up of 5 women who are all married and have an average age of 36 and, on average, 3 children. They mostly live in traditional families in Méridièla, one of the villages in the Bougouni Circle. They got to know each other thanks to neighbourly and professional relationships, and friendships. They joined the Soro Yiriwaso microfinance institution in order to strengthen their financial capacity so that they could better run their businesses, and are on their 9th loan. The previous loans have been properly reimbursed. This group of women sells cereals and doughnuts, and prepares and sells meat.

Fanta, who is standing in the middle of the picture, buys and sells meats. She plans to use her loan to buy 5 small goats from the farmers. She makes her sales of cooked meat (grilled and stewed) at the Méridièla market, at the markets of the surrounding villages and door-to-door, for cash or credit to a retail clientèle made up of men and women. She expects to make an average monthly profit of 60 000 francs, which will be reinvested in her business and used to repay the loan.
Le groupe Marademe est constitué de 5 femmes toutes mariées ayant une moyenne d’âge de 36 ans et 3 enfants. Elles vivent majoritairement dans des familles traditionnelles à Méridièla, un des villages du cercle de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Afin de renforcer leurs capacités financières pour de mieux faire leurs commerces, elles ont adhérés à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur neuvième prêt. Les précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce de céréales, de beignets et la prépararion et vente de viandes.
Fanta debout au milieu de la retauaration avec la préparation vente de viandes. Elle compte acheter avec son prêt, 5 petits ruminants (chèvres) auprès de paysans. Elle effectue ses ventes de viandes cuites(vinade grillée et en ragout) au marché de Méridièla, dans les foires des villages environnants et à domicile, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 60.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 53
    View loans »
    Mali Loans Fundraising
  • $10,440,125
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Marademe Group's $1,275 loan helped a member to buy small goats.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013