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Dembagnouma Group
In this Group: Sadio , Sanaba, Ane, Komba
The Dembagnouma Group is composed of 4 women, all of whom are married, and who average 33 years of age and three children each. They live in traditional extended families with their husbands, co-spouses, brothers and sons in the village of Méridièla. They know one another through ties of community, friendship and business. In order to strengthen their financial capacity, so that they can better run their business, they joined the Soro Yiriwaso microfinance institution, with whom they are on their tenth loan. The nine previous loans were properly paid back. This group of women runs a business selling various items. In the image, Sadio is the first woman standing in the photo, from left to right. She expects to buy 5 kilos of meat, shea butter and vegetables and spices to make sauces every day in the market with her loan. She will make her sales at the market and from her home, at retail prices, for cash and for credit to a customer base made up mostly of women. She plans to make an average monthly profit of 30,000 f CFA which will be invested in her business and used to repay the loan.
View original language description ↓
Le groupe DEMBAGNOUMA est constitué de 4 femmes toutes mariées ayant une moyenne d’âge de33 ans et 3 enfants. Elles vivent dans des familles traditionnelles élargies avec leurs maris, coépouses, frères et fils dans le village de MERIDIELA.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur 10éme prêt. Les 9 précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce d’articles divers à l’image de SADIO qui est la 1ére femme debout dans la photo de la gauche vers la droite. Elle compte acheter avec son prêt, 5Kg de viande, du beurre de karité et des condiments tous les jours au marché. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée essentiellement de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 30.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 41
    View loans »
    Mali Loans Fundraising
  • $10,437,500
    Funds lent in using Kiva
  • 491.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dembagnouma Group's $1,425 loan helped a member to purchase various items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 3, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014