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Sabougnouma Group
In this Group: Achata , Koumba , Fanta , Doussouba , Chata , Setou
The Sabougnouma group is composed of 6 women who are all married and have an average age of 29 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 3rd loan. The previous loans have been properly reimbursed. This group of women sells cereals and condiments, groundnuts and prepared food.

Setou, who is sitting and holding paperwork, has a restaurant business. She plans to use her loan to buy half a box of Maggi stock cubes, 1 bag of rice and a package of various spices from the Bougouni wholesalers. She sells her meals at the Méridièla market and at the markets of the surrounding villages, for cash or credit to a retail clientèle made up of men and women. She expects to make an average monthly profit of 42 000 francs, which will be reinvested in her business and used to repay the loan.
Le groupe Sabougnouma est constitué de 6 femmes toutes mariées ayant une moyenne d’âge de 29 ans et 3 enfants. Elles vivent la plupart 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 troisième prêt. Les précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce de céréales, de condiments, d’arachide et de la restauration.
Setou assise papier en main, fait de la restauration. Elle compte acheter avec son prêt, ½ cartons de cube Maggi, 1 sac de riz et 1 colis constitué de diverses d’épices des grossistes de Bougouni. Elle effectue ses ventes c’est à dire ses plats alimentaires au marché de Méridièla et dans les foires des villages environnants, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 42.000FCFA 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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouma Group's $1,225 loan helped a member to buy ingredients for her restaurant business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013