Check out some available loans that are similar to this one!
Bebiyereye Group
In this Group: Fatoumata , Assétou , Kadia , Niagalé , Alimatou
Married mostly into polygamous households, the five members of the Bebiyereye group are, on average, 34 years old and have four children. They all live in Djelibougou, one of the neighborhoods in Bamako, and they know each other from family, friendship, and neighborhood ties and from their work in the Djelibougou market.

The group members engage in small-scale commerce selling different types of used clothing, firewood, charcoal, and cosmetics. In order to increase their business funds, the group members decided to collaborate with Soro Yiriwaso. This is their first group loan.

Alimatou (the woman standing on the far right in the photo) is a grand merchant selling different types of high quality used clothing. She plans to use her loan to buy a bale of clothing from Bamako. Sales will be made at retail in the market and from traveling around to a mixed group of customers.

From this loan, Alimatou plans to earn an average monthly profit of 60,000 francs CFA which will be reinvested back into her business and will be used to support her household expenses.
View original language description ↓
Mariées majoritairement dans des ménages polygamiques, les cinq membres du groupe Bebiyereye ont en moyenne 34 ans et 4 enfants. Elles habitent toutes à Djelibougou l’un des quartiers de Bamako et se sont connues à travers des liens de parenté, d’amitié, de voisinage et de leurs activités génératrices de revenu au marché de Djelibougou. Les membres du groupe font le petit commerce d’habits de la friperie de tous genres, du bois de chauffe, du charbon de bois et de produits cosmétiques. 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 de prêt solidaire.
Madame Alimatou (femme debout à l’extrême droite sur la photo) est une grande vendeuse d’habits de la friperie de meilleures qualités et de tous les genres. Elle compte utiliser son prêt pour acheter une balle d’habits à Bamako. La revente se fait en détail au marché et en ambulant à une clientèle mixte. Madame Alimatou compte avoir avec ce prêt un bénéfice mensuel moyen de 60 000 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.

About Mali

  • $1,100
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 473.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD