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Sante Group
In this Group: Manta , Djenebou , Barakissa , Oumou , Waraba
The group SANTE comprises four married women and one unmarried woman. They average 32 years of age and four children each, living in traditional extended families in the district of Hérémakono Centre in Bougouni City. They know one another through ties of community, friendship, and commerce. To bolster their financial capacity, so as to do better business, they joined the microfinance institution Soro Yiriwaso and are now on their second loan.

This group of women does commerce in fruit & vegetables through Ms. MANTA, who is seated in the photo and holding a large dish of bananas. She intends to use her loan to purchase 25 bunches of bananas at 20 kg from Bougouni producers.

Accepting cash or credit from a customer base composed essentially of women, she makes her sales at the market and at home. She envisions making an average monthly profit of 42,000 francs CFA that will be invested in business and used to pay back the loan.
View original language description ↓
Le groupe SANTE est constitué de 4 femmes mariées et 1 célibataire. Elles ont en moyenne 32 ans, .4 enfants et vivent dans des familles traditionnelles élargies dans le quartier Hérémakono Centre de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhérés à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur deuxième prêt. Ce groupe de femmes fait le commerce de fruits et légumes à travers de MANTA, qui est la femme assise avec une garnde assiètte de banane. Elle compte acheter avec son prêt, 25 régimes de bananes de 20 kilos avec les producteurs de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement 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
  • 18
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sante Group's $1,025 loan helped a member to purchase fruit & vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013