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Laidou Group
In this Group: Mariam , Sali , Tata , Fatoumata, Awa , Badji, Minata
The women of the group LAIDOU average 38 years of age and four children each, all living in traditional extended families in TENE, a village in Cercle de Tominian (4th administrative region of the Republic of Mali). These women know one another through kinship ties, and they have businesses buying and selling grocery items, such as condiments and a variety of goods. After having correctly paid back the previous loans, the women of the group LAIDOU are now on their ninth solidarity loan.

AWA, who is the second person standing from the right in the photo, intends to use her loan to purchase oranges, bananas, pears, fresh tomatoes, onions, eggplant, and baskets of grains. She gets her supplies in TENE, and she makes her sales there too and at the surrounding fairs to men and women customers paying with cash or on credit.

She envisions making an average monthly profit of 30,000 francs CFA that will be used to cover expenses related to healthcare, food, and schooling. The rest will be reinvested in her business.
View original language description ↓
Les femmes du groupe LAIDOU ont en moyenne 38 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies à TENE, un des villages du cercle de Tominian (quatrième région administrative de la république du Mali).
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente de produits alimentaires tels les condiments alimentaires, et produits divers.
Après avoir correctement remboursés les prêts précédents, les femmes du groupe LAIDOU sont à leur 9 eme prêt solidaire. AWA 2 ère personne debout de la droite vers la gauche, compte utiliser son prêt pour acheter, oranges, bananes, des poivres, des tomates fraîches, des oignons, des aubergines, des paniers de grains de céréales.
Elles s’approvisionnent à TENE. Elles effectuent ses ventes, à TENE et dans les foires environnantes, au comptant, en détail et à crédit, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser un bénéfice moyen mensuel de 30 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti dans les activités.

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
  • 16
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 479.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Laidou Group's $1,475 loan helped a member to purchase food supplies to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Oct 22, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014