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Sabougnouman I Group
In this Group: Penda , Fatoumata , Magne , Kafoune , Djeneba , Sitan , Sata , Fatoumata , Minata , Mama
The ten members of the group "SABOUGNOUMAN I" are married women averaging 37 years of age and three children each, all living in polygamous families in Djambougou, a village in Commune de Marka Coungo, Préfecture de Dioîla, in Région de Koulikoro (2nd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso with the goal of better organizing their farm work at the start of the rainy season. The crops grown include peanuts, millet, and sesame. They are on their sixth collaboration with the institution.

With this new loan, MAMA, who is the first person standing from the right, intends to purchase farm inputs and sundry equipment and to pay for plowing for maintaining about 1 hectare of millet and peanuts.

After the harvest, the produce is sold in Marka Coungo City to a customer base composed of men and women. She plans on making an average profit of 50,000 francs CFA per planting.
View original language description ↓
Les dix membres du groupe SABOUGNOUMAN I sont des femmes mariées avec une moyenne d’âge de 37 ans et ont en moyenne 3 enfants. Elles vivent la plupart dans des familles polygames à Djambougou un des villages de la commune de Marka Coungo, préfecture de Dioîla, région de Koulikoro, 2ème région administrative du mali.
Elles collaborent avec l’institution de micro finance Soro yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont entre autres l’arachide, du mil et du sésame. Elles sont à leur sixième collaboration avec l’institution.
Avec ce nouveau prêt, MAMA première personne à droite dans le rang des débout, compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environs 1.Ha de mil et d’arachide.
Les productions sont vendues au niveau de la ville de Marka Coungo, après les récoltes à une clientèle composée d’hommes et de femmes. Elle compte réaliser un bénéfice moyen de 50 000F CFA environs par campagne.

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

  • $1,100
    Average annual income
  • 35
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouman I Group's $1,025 loan helped a member to purchase seeds, manure, herbicide, and sundry equipment and to pay for plowing.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 24, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014