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Wilikoumado Group
In this Group: Assetou , Kadia , Kadia, Mah , Rokia
The Wilikoumado group is made up of married women with an average age of 40 and, on average, 4 children. They all live in traditional families in the village of Tingole, Tingole commune, Dioïla prefecture, Koulikoro region (the second administrative region of the Republic of Mali). They got to know each via family and neighbourly relationships and friendships. They sell prepared food, condiments, tubers, charcoal and jars. The women of the Wilikoumado group are on their 2nd group loan. They are turning to Soro Yiriwaso in order to be able to satisfy their high customer demand.

Mah, the women standing second from the left, did not go to school. Having tried her hand at several revenue-generating activities without success, she now sells jars. She is planning to buy 20 jars from the wholesalers at the weekly market. She makes her sales from her home and at the village market for cash to a varied clientèle. She expects to make a monthly profit of 20 000 francs, part of which will be used for her goat-breeding business and the rest to cover the children's education expenses.
Le groupe WILIKOUMADO est composé de femmes mariées elles ont en moyenne 40 ans et 4 enfants. Elles vivent toutes dans des familles traditionnelles dans le village de TINGOLE, commune de TINGOLE préfecture de Dioïla, Région de Koulikoro (deuxième région administrative de la République du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font la restauration, le commerce de condiment, de tubercule, de charbon, et de jarre. Les femmes du groupe WILIKOUMADO sont à leurs deuxièmes prêts solidaires. Dans le but de satisfaire la demande énorme de leurs clientèles, elles font recours à SORO YIRIWASO.
La cliente MAH la deuxième personne à partir de la gauche n’a pas été à l’école, après avoir tenté plusieurs activités de revenues sans succès, elle est actuellement vendeuse de jarre. Elle compte acheter 20 jarres chez les grossistes au marché hebdomadaire. La vente se fait chez elle et au marché du village en espèce a une clientèle mixte. Elle compte réaliser un bénéfice de 20 000FCFA par mois, qui sera en partie injectés dans l’élevage de chèvre et le reste pour la scolarité des enfants.

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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 477.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Wilikoumado Group's $525 loan helped a member to buy jugs.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2014
Listed
Feb 26, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014