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Sabougnouman ((La Bonne Cause) Group
In this Group: Wana, Agnes, Boitoun , Touhan , Eliza , Founè, Mouwé , Youbasiya , Youbasin , Morowé
The six women of the group Sabougnouman are all married. They average about 42 years of age and 5 children each. The group members live in large traditional extended families in the village of Paridara on the banks of the river (Ségou region, Republic of Mali). They know one another through ties of community and kinship (they belong to the same Bobo ethnicity), and they do almost the same work, selling all sorts of spare parts for motorbikes and bicycles. In addition, these Bobo women sell tchapalo (an alcoholic beverage made locally from millet). The women are in high demand in these businesses of theirs.


To satisfy the ever-growing needs of their customers, the group members found that the solution to their problems was joining the micro-finance institution Soro Yiriwaso, with which they are on their first solidarity loan (group loan). They intend to use this loan to buy sacks of millet and a sizable quantity of spare parts from wholesalers at the San marketplace. The spare parts and the tchapalo are sold in retail cash transactions at the house in Paridara (where there is no marketplace).


The group members each hope to realize an average profit of 65,000 francs CFA in the course of this cycle. The profits will be used to make loan interest payments, to provide for the extended family, and to invest the rest in business. Their ambition is to diversify their commerce by adding the sale of red wine.

View original language description ↓
Les dix femmes du groupe Sabougnouman sont toutes mariées, leur moyenne d’âge se situe autour de 42 ans et elles ont en moyenne 5 enfants. Les membres du groupe Sabougnouman vivent dans des grandes familles traditionnelles élargies dans le village de Paridara au bord du fleuve (région de Ségou, république du Mali).
Elles se sont connues à travers des liens de voisinage et de parenté (elles appartiennent à la même ethnie Bobo). Elles exercent presque la même activité de vente de toutes sortes de pièces détachées de moto et vélo. En plus, ces femmes Bobo vendent du tchapalo (boisson alcoolisée de fabrication locale à partir du mil). Elles sont très sollicitées dans ces activités.
Pour satisfaire le besoin de sa clientèle qui ne cesse d’augmenter, le groupe Sabougnouman a eu une solution à ses problèmes en intégrant l’institution de microfinance Soro Yiriwaso avec laquelle il est à son premier prêt solidaire (prêt de groupe).
Elles comptent utiliser ce prêt pour acheter des sacs de mil, et une quantité importante de pièces détachées au marché de San avec les grossistes. Les pièces détachées et le tchapalo sont vendus au comptant en détail à la maison à Paridara (où il n’y a pas de marché).
Elles espèrent réaliser chacune un bénéfice moyen de 65 000 FCFA au cours de ce cycle qui sera utilisé pour rembourser les intérêts du prêt, subvenir au besoin de la famille élargie et investir le reste dans les activités. Elles ont pour ambition de diversifier leur commerce en y ajoutant la vente du vin rouge.

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,946,525
    Funds lent in using Kiva
  • 497.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sabougnouman ((La Bonne Cause) Group's $1,025 loan helped a member to buy spare parts and some millet.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009