Check out some available loans that are similar to this one!
Sabougnouman Group
In this Group: Djeneba , Niangalé , Aminata , Awa
The women of the group Sabougnouman are composed of one widow and three married women who average 38 years of age and 4 children. They live in monogamous families in the Ségou Coura district of Ségou (fourth administrative region of the Republic of Mali). They know one another through marital and community ties and through a traditional association. Essentially they do commerce in condiments and found out about Soro Yiriwaso through the general assembly held in the reception area of the chief of the Ségou Coura district.

The group members are on their ninth solidarity loan, after having repaid the preceding eight loans. This loan will be used to buy: 200 kg of fresh onions, part of which would be roasted; and 2 sacks of peanuts, which will be made into peanut butter. They resupply themselves with these condiments at the grand marketplace of Ségou during the weekly fair. Sales are made at home, at the Ségou Coura marketplace, and outside of Mali (Sénégal, Burkina Faso, and France for the shea nut butter) to customers composed of men and women, cash or credit accepted.

The group members intend to realize an average monthly profit of 49,160 francs CFA that will be used to repay the loan and to buy wedding items for their daughters. Their goal is to have a house.

View original language description ↓
Les femmes du groupe Sabougnouman (une veuve et 3 femmes mariées) avec une moyenne d’âge de 38 ans et 4 enfants, vivent dans des familles monogamiques dans le quartier Ségou Coura de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de mariage, de voisinage et dans une association traditionnelle.
Elles font essentiellement le commerce de condiments alimentaires et ont connu Soro Yiriwaso à travers l’assemblée générale tenue dans le vestibule du chef de quartier de Ségou Coura. Elles sont à leur 9ème prêt solidaire, après avoir bien remboursé les huit prêts précédents.
Ce prêt sera utilité pour acheter , 200kg de beurre de karité, 6 bassines de piment, 3 sacs d’aubergine, 200kg d’oignon frais dont une partie serait torréfiée et 2sacs de graines d’arachide qui seront transformées en pâte. Elles se ravitaillent en condiments au grand marché de Ségou à la foire hebdomadaire. La vente se fait au comptant et à crédit à domicile, au marché de Ségou Coura et à l’extérieur du Mali (Sénégal, Burkina Faso et France pour le beurre de karité) à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice mensuel moyen de 49 160FCA qui sera utilisé pour le remboursement du prêt et l’achat du trousseau de mariage pour leurs filles. Leur objectif est d’avoir une maison à usage d’habitation.

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
  • 3
    View loans »
    Mali Loans Fundraising
  • $11,596,000
    Funds lent in using Kiva
  • 515.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD