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Siguikame Group
In this Group: Awa , Mariam, Fatoumata , Adiaratou , Kadiatou, Chata
The six women who make up the Siguikame group are all married and are on average 25 years old, with 2 children. The majority of them live in monogamous families in Mancourani 1, one of the neighborhoods of the city of Sikasso in the third administrative region of the republic of Mali.
They are working with the Soro Yiriwaso micro finance institution in order to satisfy the needs of their customers. This is their fourth group loan. All of the four previous loans have been well resolved. They sell medicine, children's clothing, potatoes, yams and Wax brand pagnes (lengths of brightly colored fabric).
With their new loan, they plan to purchase 5 packages of medicine, 4 dozen children's outfits, 4 lengths of Wax pagnes and 11 sacks of potatoes. They get their supplies in the Sikasso market from wholesale distributors and in the neighboring villages. They sell in Sikasso for cash or often on credit, in the various markets and in the neighborhoods in a traveling manner, to a clientele composed of men and women.
They each envision making a monthly profit of 32,500 FCA francs, of which a portion will be used for savings and for family needs, and the other portion will be invested in their activities.
Several of them plan to purchase a plot of land to live on in Sikasso, and others plan to open a store.
View original language description ↓
Les six femmes du groupe Siguikame sont toutes mariées avec une moyenne d’âge de 25 ans et 2 enfants. Elles vivent la plupart dans des familles monogames à Mancourani 1, un des quartiers de la ville de Sikasso, 3ème région administrative de la république du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur quatrième prêt solidaire. Tous les quatre précédents se sont bien dénoués. Elles font de la vente de médicaments, des vêtements pour enfants, de la pomme de terre, des ignames et des pagnes wax.
Avec leur nouveau prêt, elles comptent acheter, 5 emballages de médicaments, 4 douzaines d’habits pour enfants, 4 pièces de pagnes wax et 11 sacs de pomme de terre. Elles s’approvisionnent au grand marché de Sikasso ville auprès des grossistes et dans les villages avoisinants auprès des producteurs. Elles vendent à Sikasso ville dans les différents marchés et dans les quartiers de façon ambulante, au comptant, souvent à crédit à une clientèle composée d’hommes et de femmes.
Elles envisagent réaliser chacune un bénéfice mensuel de 32.500 FCFA dont une partie sera utilisée pour l’épargne et les besoins de la famille, l’autre partie sera investie dans les activités.
Certaines d’entre elles comptent acheter un terrain à usage d’habitation à Sikasso ville et d’autres ouvrir un magasin de vente.

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
  • 57
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 445.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD