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Jolie Group
In this Group: Maminata , Adam, Korotoumou , Fati
The members of the Jolie group are married woman with an average age of 39 years and, on average, 5 children. They live in monogamous families in Sanoubougou II, one of the popular districts of Sikasso town, in the 3rd administrative region of Mali. This is their 6th loan from the Soro Yiriwaso microfinance institution, requested in order to satisfy their customers' needs.

Adam is the group member who runs a restaurant. She is standing 2nd from the left in the picture. She plans to use her loan to buy 15 chickens and a box of fresh fish, which she sells in meals locally and at the Sanoubougou II market to retail customers. She expects to make an average monthly profit of 22 000 francs, part of which will be used to repay the loan and its interest, and part of which will be saved.
Les membres du groupe JOLIE sont des femmes mariées avec une moyenne d’âge de 39 ans, et ont en moyenne 5 enfants. Elles dans des familles monogamiques à SANOUBOUGOU II un des quartiers populaires de la ville de Sikasso 3ème région administrative du Mali.
Elles sont à leur 6ème prêt avec l’institution de micro finance Soro Yiriwaso dans le souci de satisfaire le besoin de leur clientèle.
Mme ADAM fait la restauration dans ce groupe de femmes. Elle se tient debout en 2 ème position de la gauche vers la droite.
Elle compte acheter avec son prêt 15 poulets et 1 carton de poisson frais qu’elle vend ses plats alimentaires en détail sur place et au marché de Sanoubougou II.
Elle envisage réaliser un bénéfice mensuel moyen de 22 000 francs cfa dont une partie est utilisée pour payer le prêt et son interêt et l’autre pour son épargne

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 502.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jolie Group's $800 loan helped a member to buy food for her restaurant business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013