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Siguitemason Group
In this Group: Bintou , Djeneba, Hawa , Nene, Rokia , Sitan
The group Siguitemason is made up of women who are all married, have an average age of 47 years and an average of 5 children each. They live in traditional, extended families in the village of Tingolé, town of Binko, Dioila prefecture in the region of Koulikoro ( third largest, administrative region of the Republic of Mali ). The women are all family, neighbours or friends. This will be their second group loan and will be used to buy rice, spices and seasonings, fabric and charcoal.

Djeneba is standing in the middle, at the back of the photo. She will buy three lengths of fabric in Bamako with this loan. Djeneba expects to earn an average of 12,000 francs CFA a month, of which, part will be reinvested in her business, and part will be used to meet her family's expenses.
View original language description ↓
Les femmes du groupe SIGUITEMASON, composé exclusivement de femmes mariées, ont en moyenne 47 ans 5 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Tingolé commune de Binko, préfecture de Dioila, Région de Koulikoro (troisième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Les femmes du groupe SIGUITEMASON sont à leur deuxième prêt solidaire qui sera utilisé pour acheter du riz, les condiments, des tissus et le charbon de bois.
La cliente Djeneba la personne au milieu des debout, compte acheter une trois pièces de tissu à Bamako avec ce prêt.. Elle compte réaliser un bénéfice mensuel moyen de 12000 FCFA dont une partie sera réutilisée dans l’activité et le reste dans les dépenses de la 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.

Tags

About Mali

  • $1,200
    Average annual income
  • 38
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 483.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Siguitemason Group's $375 loan helped a member to buy fabric.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014