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Siguidia Group
In this Group: Diata , Fatoumata , Oumou , Nafissatou , Sitan , Kadia Seydou
The six members of the group SIGUIDIA are essentially married women averaging 28 years of age and four children each. They live for the most part in monogamous families in Lafiabougou, a district in Sikasso City. The women are on their second loan with the microfinance institution Soro Yiriwaso to satisfy the needs of their customers.

DIATA, the first on the right in the photo, does commerce in fruit in this group of women. She intends to use her loan to purchase some bananas, 10 baskets of papayas, 5 oranges, and 2 baskets of yams at the big market of Médine in Sikasso. She resells them for cash at the market and at home to a customer base composed of men and women.

She envisions making an average monthly profit of 37,000 francs CFA. Part of the profits is used for day-to-day family expenses, and the other part is for her savings.
View original language description ↓
Les six membres du groupe SIGUIDIA sont essentiellement des femmes mariées avec une moyenne d’âge de 28 ans, et en moyenne 4 enfants. Elles vivent la plupart dans des familles monogamiques à Lafiabougou un des quartiers de la ville de Sikasso.
Elles sont à leur deuxième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
DIATA, première de la droite vers la gauche fait le commerce de fruits dans ce groupe de femmes.
Elle compte acheter avec son prêt, des régimes de bananes, dix paniers de papayes, cinq oranges et deux paniers d’ignames au grand marché de Médine à Sikasso.
Elle les revend en détail au marché et en famille à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 37.000 FCFA dont une partie est utilisée pour les dépenses quotidiennes de la famille et l’autre pour son épargne.

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
  • 47
    View loans »
    Mali Loans Fundraising
  • $11,964,150
    Funds lent in using Kiva
  • 505.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD