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Hakiligouma Group
In this Group: Fatoumata , Fatoumata , Fanta , Bane
Members of the HAKILIGOUMA group are married women who are on average 32 years old and have three children each. They live in traditional extended families with their husbands, brothers, sisters, co-wives and children. They are residents of the village of Sido, located in the Bougouni prefecture (third administrative district of Mali). In order to increase their financial resources and to diversify their activities, they have joined the microfinance institution Soro Yiriwaso and are requesting their third loan. Their two previous loans were well repaid. Members of the group are involved in the sale of vegetables, grains and beauty products. Fatoumata, the group's facilitator, is on the far right in the photo. With this loan, she plans to buy 50 tubes of ointment, 100 packs of hair extensions and many other cosmetic products (nail polish, lotion, deodorant). She buys her goods from wholesalers at the Grand Marché in Bamako. She sells them for retail from home and at the Grand Marché in Sido, to male and female customers who pay her cash or on credit. She is expecting average monthly profits to reach 35,000 CFA francs, part of which will be used to pay for her children's education and healthcare, while the rest will be invested in her activities.
View original language description ↓
Le groupe HAKILIGOUMA composé de femmes mariées qui ont en moyenne d’âge de 32 ans et 3 enfants. Elles vivent dans des familles traditionnelles élargies avec leur maris, frères, sœurs, coépouse et enfants. Elles résident dans le village de SIDO, préfecture de Bougouni (3ème région administrative du Mali).
Dans le souci d’augmenter les ressources financières et de diversifier leurs activités, elles ont adhéré à l’institution de microfinance Soro Yiriwaso où elles sont à leurs troisièmes prêts. Tous les deux prêts précédents ont été correctement remboursés. Ce groupe de femmes fait le commerce de légumes, de céréales et des produits de beauté.
FATOUMATA, la présidente du groupe est à l’extrême droite sur la photo, elle compte acheter avec son prêt, 50 bouteilles de pommade, 100 paquets de mèche et bien d’autre types de produits cosmétiques (vernis, crème, déodorant). Elle s’approvisionne au grand marché de Bamako auprès des grossistes. Elle vend au grand marché de SIDO et à domicile à une clientèle composée d’hommes et de femmes, en détail, au comptant et à crédit.
Elle compte réaliser un bénéfice mensuel moyen de 35.000FCFA dont une partie sera utilisée dans l’éducation et la santé des enfants et l’autre partie sera investie dans les activités.

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
  • 44
    View loans »
    Mali Loans Fundraising
  • $11,956,700
    Funds lent in using Kiva
  • 504.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD