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Sabougnouma Group
In this Group: Mamou, Tenin , Kadia, Sitan , Sali
The women of the Sabougnouma group have an average age of 36 and, on average, 5 children. They all live in traditional extended families in Lafiabougou in the town of San/Segou (the 4th administrative region of the Republic of Mali). The women got to know each other via family relationships and they buy and sell various products. Having correctly repaid their previous loans, the women of the Sabougnouma group are on their 6th group loan.

Mamou, the woman standing on the far right in the picture, plans to use her loan to buy 50 rubber necklaces, 30 aluminium necklaces and 15 silver necklaces. She gets her supplies locally. She makes her sales, often on credit, to a retail clientèle made up of women and men. She expects to make an average monthly profit of 25 000 francs, some of which will be spent on healthcare, food, lodging and education, and the rest of which will be reinvested in her business.
Les femmes du groupe SABOUGNOUMA ont en moyenne 36 ans, 5 enfants et vivent toutes dans des familles traditionnelles élargies à LAFIABOUGOU dans La ville de SAN/SEGOU (la 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 des produits divers. Après avoir remboursés correctement leurs prêts précédents, les femmes du groupe SABOUGNOUMA sont à leur 6ème prêt solidaire. MAMOU, 1 ère femme à droite sur la photo compte utiliser son prêt pour acheter 50 colliers en caoutchouc, 30 colliers en Aluminium et 15 colliers en argent. Elle s’approvisionne sur place. Elle effectue ses ventes, à une clientèle composée de femmes et d’hommes en espèce et souvent à crédit.
Elle envisage réaliser un bénéfice moyen mensuel de 25.000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, au logement, 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
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 481.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouma Group's $1,050 loan helped a member to buy necklaces.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2014
Listed
Feb 14, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014