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Soutoura Group
In this Group: Mariam , Kourouni , Awa , Chata , Kadia
The Soutoura Group is part of the Minataton Association in Keleya. The women members know one another through family and local ties. They are, on average, 37 years old and have four children. All the women are married and live in large, traditional families in Keleya, in the Bougouni prefecture (Sikasso Region, Republic of Mali).

The group members have all been selling food products (tomatoes, cabbages, carrots, pepper and onions) for several years, and are much sought after. They aim to respond to the growing demands of their customers, so they work with the field partner, Soro Yiriwaso. This will be their eleventh group loan.

Mariam (standing on the far right in the photo) is the group president and sells food ingredients. She is an excellent saleswoman. She plans to use her loan to buy ten baskets of tomatoes and three sacks of onions, from wholesalers locally and in the surrounding villages. She makes her sales on a cash or credit basis to both men and women in Keleya.

Mariam hopes to make a monthly profit of 50,000 francs CFA, which she will use to repay her loan and reinvest in her food business.
View original language description ↓
SOUTOURA est un groupe de l’association MINATATON de KELEYA. Il regroupe des femmes qui se sont connues à travers des liens de parenté et de voisinage. Elles ont une moyenne d’âge de 37 ans. Mariées avec en moyenne quatre enfants, elles mènent différentes activités telles l’achat vente de condiments à l’image de MARIAM qui est la première personne debout de la droite vers la gauche de la photo. Elles vivent dans des grandes familles traditionnelles à KELEYA dans la Préfecture de BOUGOUNI (Région de SIKASSO, République du Mali).
Elles sont dans le petit commerce depuis plusieurs années et sont très sollicitées dans leurs activités d’achat vente de condiments : tomate, choux, carotte, poivre et oignon.
Dans le souci de satisfaire le besoin croissant de leurs clientèles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur onzième prêt solidaire.
MARIAM, qui est la présidente du groupe et très connue à KELEYA, excelle dans la vente de condiments. Elle compte utiliser son prêt pour acheter, acheter 10 paniers de tomate et 3 sacs d’oignon. Elle s’approvisionne dans les villages environnant et sur place auprès des grossistes et vend ses produits à KELEYA, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 50.000FCFA somme qui lui permettra de rembourser le prêt et de réinvestir le reste dans son activité d’achat vente de condiments.

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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Soutoura Group's $1,300 loan helped a member to buy food products for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2014
Listed
Jun 4, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014