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Yiriwaton Group
In this Group: Djeneba , Fatoumata , Hawa , Mama , Alimata , Kadia , Dada , Minata , Kadia *
* not pictured
The nine women of the "Yiriwaton" group are married and mostly live in monogamous households. They are on average 35 years old with three children. They all live in the town of Zénguela, in the Ségou region (4th administrative region of the Mali). They know each other through neighbourhood and family connections and from their income-generating activities in town. They run small businesses selling rice, condiments, cereals, yams, milk, coal, brooms, and wood. With the goal of increasing their capital, the group members decided to collaborate with Soro Yiriwaso and are on their first solidarity (group) loan cycle. Ms. Djeneba (the woman sitting all the way to the left in the photo) is a major caterer in the town of Zenguela. She intends to use her loan to buy 100 kg of rice and one package of condiments. She gets her supplies locally and makes her sales in cash at the town market and at home to a diverse clientele. Ms. Djeneba hopes to realize an average monthly profit of 20,500 FCFA with this loan, which will be used to provide for her children and expand her business.
Les neuf femmes du groupe Yiriwaton sont mariées majoritairement dans des ménages monogamiques. Elles ont en moyenne 35ans et 3 enfants. Elles habitent toutes dans le village de Zénguela dans la région de Ségou (4ème Région administrative du Mali). Elles se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu dans le village. Elles font le petit commerce de riz, de condiment, de céréales, d’ignames, de lait, de charbon, de balais et du bois. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1er cycle du prêt solidaire. Madame Djeneba (1ère femme assise à gauche dans la photo) est une grande restauratrice dans le village de Zenguela. Elle compte utiliser son prêt pour acheter 100kg de riz et 1 colis de condiments. Elle s’approvisionne sur place et effectue ses ventes au comptant au marché du village et à la maison à une clientèle mixe. Madame Djeneba espère réaliser un bénéfice mensuel moyen de 20.500FCFA avec ce prêt, qui sera utilisé dans la prise en charge des besoins des enfants et élargir ses 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

  • $1,100
    Average annual income
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,619,150
    Funds lent in using Kiva
  • 483.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD