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Lafia (La Tranquilité) Group
In this Group: Ramata, Ami, Mafouné, Wassa, Kadiatou Vieux, Barakissa, Fatoumata, Sitan
The members of the Lafia (lit. tranquility) group are married women who, on average, are 50 years old and have 5 children. They live with their husband and children in monogamous families in Kamalen Sirakoro, a village located 4 kilometers from the city of Sikasso (Sikasso region, Republic of Mali).
The Lafia group sells various products: condiments, plasticware, aluminum items, gathered fruits (zaban, shea nuts, néré), Wax-brand pagnes (traditional print cloth) and charcoal.
Made up of relatives, neighbors, and friends, this group has been borrowing from the micro-finance institution Soro Yiriwaso for the past 4 years. It is now seeking its ninth group loan and has properly repaid all previous loans. With this loan, the women intend to buy, in Sikasso, 250 pairs of plastic shoes, 100 kg of dried fish, 4 dozens tin saucepots, 125 sacks of charcoal and a large amount of condiments.
The members do their shopping for gathered fruits and charcoal in Kamalen Sirakoro and in the surrounding villages. Each member store the purchased goods in their respective home, until they reach a sufficient stock to start reselling. Gathered fruits, charcoal, etc are usually sold (for cash and to a female clientele coming from Bamako, Ségou, etc) during fair days in the Sikasso market. Plasticware, cookware (locally manufactured aluminum items) and condiments are purchased from wholesalers in the grand market of Sikasso, and resold in the village, where people from the surrounding villages come to do their shopping.
They hope to make a monthly profit of 25000 XOF each, to be used to help their husband with the family expenses, and to repay the loan.
View original language description ↓
Les membres du groupe Lafia sont des femmes mariées ayant une moyenne d’âge de 50 ans et 5 enfants .Elles vivent avec leurs maris et enfants dans des familles monogames à Kamalen Sirakoro un village situé à 4 kilomètres de la ville de Sikasso ( Région de Sikasso République du Mali).
Le groupe Lafia fait le commerce d’articles divers : les condiments alimentaires, les matériels en plastiques, en aluminium, les produits de cueillette (zaban, karité, graines de néré) les pagnes wax et du charbon de bois.
Ce groupe constitué de consanguins, de voisins et d’amies emprunte ensemble à l’institution de micro finance Soro Yiriwaso depuis maintenant 4 ans. Il est à son neuvième prêt de groupe (prêt solidaire) et a correctement remboursé tous les prêts précédents. Avec ce prêt, elles vont achèter, à Sikasso 250 paires de chaussures en plastique, 100kg de poissons fumés, 4 douzaines de marmite en étain, 125 sacs de charbon de bois et une quantité importante de condiments.
Les membres se ravitaillent à Kamalen Sirakoro sur place et dans les villages environnants pour les produits de cueillettes et le charbon de bois .Elles disposent chacune dans leur concession conjugale d’un magasin dans lequel elles entreposent jusqu'à avoir la quantité destinée à la vente. Elles effectuent leurs ventes : produits de cueillette, le charbon de bois etc. généralement les jours de foire dans le marché de Sikasso (au comptant à une clientèle féminine en provenance de Bamako, Ségou etc.). Pour les matériels en plastiques, les ustensiles de cuisine (de fabrication locale en aluminium) et les condiments alimentaires ils sont achetés au grand marché de Sikasso auprès des grossistes pour être revendus sur place au village où les villages voisins viennent se ravitailler.
Elles espèrent avoir chacune un bénéfice mensuel de 25.000FCFA.qu’elles vont utiliser pour aider leurs maris dans les dépenses de la famille et payer les intérêts du 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

  • $1,100
    Average annual income
  • 31
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 440.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Lafia (La Tranquilité) Group's $2,725 loan helped a member to buy plastic foodware, condiments, sacks of charcoal and cookware.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 20, 2008
Listed
Sep 5, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009