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Sabougnouman Group
In this Group: Rokia , Alimata , Awa Moumouni , Hawa , Mamou , Aminata
The six women in the Sabougnouman group are married and most of them live in monogamous families. On average, they are 35 years old and have three children. They live together in the Hamdallaye neighbourhood in the region of Ségou (the 4th administrative region of Mali) and know each other through being relatives, neighbours and in-laws.

The members of the group sell dyed clothing (high-quality and medium-quality bazin cloth). In order to increase their business funds, the members of the group joined Soro Yiriwaso. This is their 13th solidarity loan cycle.

Rokia (pictured standing third from the right) has a great reputation in the dyed bazin trade. She is hoping to use her loan to buy 20 meters of high-quality bazin and 10 boxes of colours and indigos for dyeing the cloth. She sells dyed bazin for cash and on credit, both from home and as a travelling vendor, to her customers in the local neighbourhood, the majority of whom are women.

Rokia hopes that with this loan she can make an average of 40 000 CFA francs per month, which she will use to reinvest in the business and buy additional food supplies for her household.
View original language description ↓
Les six femmes du groupe Sabougnouman sont mariées majoritairement dans des familles monogamiques avec en moyenne 35 ans et 3 enfants par femme. Elles habitent ensemble dans le quartier de Hamdallaye dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de parenté, de voisinage et de mariage. Les membres du groupe font le commerce d’habits (bazin riche et moyen riche) teintés. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont connu intégré Soro Yiriwaso et sont à leur 13eme cycle de prêt solidaire.
Madame Rokia (3ème femme debout de la droite vers la gauche sur la photo) a une grande réputation dans la vente du bazin teintés. Elle compte utiliser son prêt pour acheter 20 mètres de bazin riche et 10 boîtes de couleurs et d’indigos pour la teinture. Le bazin teinté est vendu au comptant et à crédit à domicile et en ambulant dans le quartier à une clientèle composée majoritairement de femmes.
Madame Rokia espère réaliser avec ce prêt un bénéfice mensuel moyen de 40 000FCFA qui sera utilisé, pour être réinvesti dans l’activité et prendre en charge le complément de condiments du foyer.

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
  • 11
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 491.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouman Group's $1,850 loan helped a member to buy bazin cloth and dyes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013