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Nemassorola Group
In this Group: Siewa Gogo , Aminata , Mama , Satourou, Dicko
Mostly living in monogamous married households, the five members of the Nemassorola group are on average 43 years old with two children. They all live in Kanadjiguila in the Mandé municipality/Kati Cercle, and know one another through their neighborhoods and businesses in the Kanadjiguila market. The group members have small businesses selling high-quality men's and women's shoes, clothing, and milk.

To increase their business funds, the group members decided to collaborate with Soro Yiriwaso and are on their third group loan cycle.

Aminata (the woman standing second left to right in the photo) is a great saleswoman of high-quality men's and women's plastic shoes. She hopes to use her loan to buy 585 pairs of plastic shoes for all ages in Bamako. She will then resell the shoes in Kanadjiguila on the street to a clientele of mostly women.

With this loan, Aminata expects to earn an average monthly income of 95,000 FCFA which will be used to reinvest in her business and take care of small household needs.
View original language description ↓
Mariées majoritairement dans des ménages monogamiques, les cinq membres du groupe Nemassorola ont en moyenne 43 ans et 2 enfants. Elles habitent toutes à Kanadjiguila dans la commune du Mandé / cercle de Kati et se sont connues à travers des liens de voisinage et de leurs activités génératrices de revenu au marché de Kanadjiguila.Les membres du groupe font le petit commerce de, chaussures (hommes et femmes) de meilleures qualités, habits et laits. Dans l’intention d’accroitre leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Aminata (femme debout en 2ème position de la gauche vers la droite sur la photo) est une grande vendeuse de, chaussures plastiques (hommes et femmes) de meilleures qualités. Elle compte utiliser son prêt pour acheter 585 paires de chaussures plastiques de tous les âges à Bamako. La revente se fait en détails à Kanadjiguila en ambulant à une clientèle composée majoritairement de femmes. Madame Aminata compte avoir avec ce prêt un bénéfice mensuel moyen de 95 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et satisfaire les petits besoins du foyer.

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.

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About Mali

  • $1,200
    Average annual income
  • 35
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 477.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nemassorola Group's $3,150 loan helped a member to buy plastic shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014