Check out some available loans that are similar to this one!
Mougnou Ani Sabali Group
In this Group: Fatoumata , Bintou , Massan , Assan
The Mougnou Ani Sabali group consists of four women of whom two are married and two are single, all living in large traditional extended families in Banconi-Farada, a peripheral neighborhood in Commune I of the Bamako district. They average 31 years of age with four children.

They became acquainted through neighborhood ties and their income-generating activities at the Banconi-Farada market. Group members are small retail merchants of charcoal, clothing, smoked fish from Mopti, fruit and vegetables.

To increase their working capital, the group decided to work with Soro Yiriwaso and are on their first group loan cycle.

Mrs. Massan (the woman sitting on the far right) is a big seller of fruit and vegetables of all kinds at the Banconi-Farada market . She plans to use the loan to buy a cartload of mangoes and pineapples.

She gets her fruit supplies from the markets in Bamako. Retail sales are conducted at the market, for cash, to a clientele composed mostly of women.

Mrs. Massan hope to achieve with this loan an average monthly profit of 40,000 FCFA, which will be used to reinvest in the business and to provide for her family's needs.
View original language description ↓
Le groupe Mougnou Ani Sabali est constitué de quatre femmes dont 2 mariées et 2 célibataires résidant dans les grandes familles traditionnelles élargies à Banconi-Farada, un des quartiers périphérique de la Commune I du district de Bamako. Elles ont en moyenne 31 ans et 4 enfants. Elles se sont connues à travers des liens de voisinage et de leurs activités génératrices de revenu au marché de Banconi-Farada. Les membres du groupe font le petit commerce de Charbon de bois, des Habits, des poissons fumés en provenance de Mopti, des fruits et légumes. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1ier cycle de prêt solidaire.
Madame Massan (femme assise à l’extrême droite) est une grande vendeuse de fruits et légumes de toutes sortes dans le marché de Banconi Farada. Elle compte utiliser son prêt pour acheter un chargement de charrette de mangues et des ananas. Elle s’approvisionne en fruits aux marchés de Bamako. La revente se fait au comptant au marché à une clientèle composée majoritairement de femmes. Madame Massan espère réaliser avec ce prêt un bénéfice mensuel moyen de 40 000 FCFA avec ce prêt, qui sera utilisé, pour être réinvesti dans l’activité et subvenir aux besoins de sa famille.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 494.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Mougnou Ani Sabali Group's $825 loan helped a member buy fruit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013