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Mamelon Group
In this Group: Ami , Fanta , Kadiatou , Kiatou , Aichata, Adiata, Assan
The Mamelon Group brings together women from the Millionkin district of the town of Koury. They all know each other well and live in large traditional families with their husbands, children and in-laws. These married women have an average age of 32 and and at least three children each. This group of women sells various items, such as clothing, fruits, vegetables and cereals. In order to expand the scale of their businesses, the group members decided to join the Soro Yiriwaso lending scheme. This will be their third group loan.

Adiata, the woman crouching down on the right-hand side of the front row in the photo, is a member of the Mamelon Group. She sells cereals, such as millet, sorghum, corn, rice and fonio. She plans on using this loan to purchase each these cereals by the sackful, as and when she needs them, at market. She will then resell them to a mixed customer base.

Whereas other members of the Mamelon Group are each planning to make an average profit of 95,000 FCFA over the course of this loan cycle, Adiata is planning on making 100,000 FCFA. In addition to paying back the loan, they will use part of the revenue to pay for their daily expenses and increase their working capital. They hope to further develop this partnership with Soro Yiriwaso so that their stock levels remain strong.
View original language description ↓
Mamelon est un regroupement de femmes du quartier Millionkin de la ville de Koury qui se connaissent bien et qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 32 ans, sont mariées et ont au moins 3 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels que, des Habits, fruits et légumes, Céréales et divers. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur troisième prêt de groupe.
Adiata est un membre du groupe Mamelon accroupie au bout et à droite, vendeuse de céréales (mil, sorghos, maïs,riz et fonio). Elle compte utiliser son prêt pour acheter de sacs de chacune de ces céréales au marché en quantité et en qualité qu’elle vend en détail à une clientèle diverse.
Tandis que les autres membres du groupe Mamelon comptent réaliser un bénéfice moyen de 95 000FCFA chacune au cours de ce cycle Mme Adiata compte réaliser 100 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles et augmenter son fonds de commerce.
Elles souhaitent voir renforcer ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.

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

  • $1,100
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 480.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD