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Kayira Group
In this Group: Sali , Salimata , Djenebou , Kadia , Kadiatou , Setou
The Kayira group is made up of six women, all married and who, on average, are 38 years old and have four children. They live in traditional, extended families with their husbands, co-spouses, brothers and sons in the Heremakono Centre neighborhood of the town of Bougouni. They know each other from neighbordhood, friendship, and business ties.

To increase their financial capacity in order to better conduct their commerce, they joined the micro-finance institution Soro Yiriwaso, with whom they are on their fifth loan. Their previous loans have all been repaid correctly.

This group of women sells cereals. Sali, who is seated third from the right and is wearing a red headscarf, plans to buy 1,500 kilograms of cereals from peasant producers.

Sali makes her sales in a market and from home, for cash and credit to customers who are men and women. She hopes to earn an average monthly profit of 80,000 francs CFA, which will be invested back in the businesses and used to repay the loan.
View original language description ↓
Le groupe KAYIRA est constitué de 6 femmes toutes mariées ayant une moyenne d’âge de 38 ans et 4 enfants. Elles vivent dans des familles traditionnelles élargies avec leurs maris, coépouses, frères et fils dans le quartier Heremakono 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 adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur cinquième prêt. Les précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce de céréales à l’image de SALI, assise, troisième de la droite vers la gauche un mouchoir rouge à la tête. Elle compte acheter avec son prêt, 1500 Kilos de céréales avec les paysans producteurs. Elle effectue ses ventes au marché 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 80.000FCFA 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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,975,475
    Funds lent in using Kiva
  • 502.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kayira Group's $1,800 loan helped a member to buy cereals.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013