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Dembagnouma Group
In this Group: Aby , Kadiatou , Fanta , Korotoumou
The 4 members of the Dembagnouma group are married women with an average age of 39 and, on average, 4 children, who live in monogamous families in the Babemba district, one of the popular districts of Sikasso town (3rd administrative region of Mali). This is their 3rd loan from the Soro Yiriwaso microfinance institution, requested in order to satisfy their customers' needs.

Korotoumou is the group member who sells rice. She is standing in the middle of the picture. She plans to buy 3 50-kilo bags of rice from the farmers, which she will resell door-to-door and at the Médine market to a diverse and varied retail clientèle. She expects to make an average monthly profit of 12 500 francs, part of which will be used to pay off the loan and its interest and part of which will be used to build up her savings.
Les quatre membres du groupe DEMBAGNOUMA sont des femmes mariées ayant une moyenne d’âge de 39 ans, 4 enfants et vivant dans des familles monogamiques au quartier Babemba un des quartiers populaires de la ville de Sikasso 3ème région administrative du Mali.
Elles sont à leur 3ème prêt avec l’institution de microfinance Soro Yiriwaso dans le souci de satisfaire le besoin de leurs clientèles.
Mme KOROTOUMOU fait le commerce de grains de riz dans ce groupe de femmes. Elle se tient debout au milieu.
Elle compte acheter, 3 sacs de 50 kg de riz auprès des paysans qu’elle revendra en détail à domicile et au marché de Médine, à une clientèle diverse et variée.
Elle envisage réaliser un bénéfice mensuel moyen de 12 500 FCFA 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
  • 38
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 499.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dembagnouma Group's $425 loan helped a member to buy rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013