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Layidou Group
In this Group: Mayama , Alimata , Binta , Dado , Djènèba
The five women of the group Layidou are all married in polygamous families. The women average 35 years of age and four children each all living in the village of Ouolobougouni, in Commune Rurale de Sakoiba (4th administrative region of the Republic of Mali). They know one another through ties of community, marriage, and kinship in the village. They have small-scale businesses involving cow's milk of all kinds (fresh milk, curdled, yogurt) and grains (beans, millet, and rice).

With the goal of increasing their business capital, the group members joined the microfinance institution Soro Yiriwaso and are now on their first solidarity loan cycle.

Ms. Dado (the woman seated in front with a blue container in the photo) is a major vendor of milk of all sorts in the village of Ouolobougouni; she intends to use her loan to purchase 250 liters of milk from the livestock farmers in the village. The sales are made, cash or credit, to a customer base composed of men and women.

With this loan, Ms. Dado hopes to make an average monthly profit of 16,000 francs CFA that will be used for reinvesting in her business and ensuring her children's care.
View original language description ↓
Les cinq femmes du groupe Layidou sont toutes mariées dans les familles polygamiques avec en moyenne 35 ans et 4 enfants. Elles vivent toutes dans le village de Ouolobougouni dans la commune rurale de Sakoiba dans la 4ème région administrative du Mali. Elles se sont connues à travers des liens de voisinage, de mariage et de parenté dans le village. Elles font le petit commerce du lait de vache de toutes sortes (lait frais, caillé et du yaourt) et des grains (haricot, mil et riz). Dans le but d’augmenter leurs fonds de commerce, les membres du groupe intègrent Soro Yiriwaso et sont à leur 1ier cycle de prêt solidaire.
Madame Dado (femme assise devant avec le bidon bleu sur la photo) est une grande vendeuse de lait de toutes sortes dans le village de Ouolobougouni; Elle compte utiliser son prêt pour acheter 250 litres de lait avec les éleveurs du village. La revente se fait au comptant et à crédit à une clientèle composée d’hommes et de femmes. Avec ce prêt, Madame Dado espère réaliser un bénéfice mensuel moyen de 16 000 FCFA qui sera utilisé pour être réinvesti dans l’activité et assurer l’entretien des enfants.

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
  • 24
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Layidou Group's $500 loan helped a member to purchase fresh cow's milk.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013