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Sinignèssigui Group
In this Group: Nènè , Ramatou , Ami , Adama , Sali , Sitan
The members of the Sinignèssigui group are married, aged between 25 and 65, and have an average of five children each. They live in traditional extended families in the Bounoukobougou neighborhood of the Yanfolila prefecture (Mali’s third administrative region).
The women have been partners of Soro Yiriwaso for five years and have a small business selling spices and cereals. They are on their ninth solidarity loan (group loan) and all previous loans were fully repaid.
The women plan to use this loan to buy 200 kg of peanuts for making peanut butter, 50 kg of fresh onions, 50 kg of néré seeds for preparing soumbala, 500 kg of corn, 200 kg of sorghum and 100 kg of millet. They get their supplies from local producers and sell them at retail for cash or credit to a clientele consisting mainly of women.
The business allows the women of the Sinignèssigui group to make an average profit of CFA 50,000/month. With this they are able to repay the loan and meet some of the needs of their household (health, education, clothing, etc.).
View original language description ↓
Les membres du groupe Sinignèssigui sont mariés, âgés de 25 à 65 ans et mères de 5 enfants en moyenne. Ils vivent dans des familles traditionnelles élargies dans le quartier Bounoukobougou de la préfecture de Yanfolila (troisième région administrative de la république du Mali).
Ces femmes sont partenaires de Soro Yiriwaso depuis 5 ans et font le petit commerce de condiments alimentaires et de céréales. Elles sont à leur neuvième prêt solidaire (prêt de groupe) et tous les prêts précédents ont été bien remboursés.
Avec ce nouveau prêt les femmes comptent acheter, 200 kg d’arachide pour préparer de la pâte d’arachide, 50 kg d’oignons frais, 50 kg de graines de néré pour la préparation du soumbala, 500kg de maïs, 200kg de sorgho et 100kg de petit mil. Elles s’approvisionnent auprès des paysans producteurs et effectuent leurs ventes en détail au comptant et à crédit à une clientèle essentiellement constituée de femmes.
Ces activités permettent aux femmes du groupe Sinignèssigui de réaliser en moyenne une marge bénéficiaire mensuelle de 50.000FCFA. Ce qui leurs permet de rembourser l’échéance du prêt et de faire face à certains besoins du foyer (santé, éducation, habillement…etc.)

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $11,465,250
    Funds lent in using Kiva
  • 506.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD