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Soutoura Group
In this Group: Habi , Nah , Sayon , Kadiatou , Sira , Chata
The Soutoura group is made up of 4 married women and 2 widows who have an average age of 30 and, on average, 4 children. They mainly live in traditional family environments in the Niebala district of Bougouni town. They got to know each other thanks to neighbourly relationships, friendship and business. The group joined Soro Yiriwaso in order to strengthen their financial capacity so that they could better run their businesses, and are on their 2nd loan. The group members sell beauty products, cereals, charcoal, soap, prepared food and various other items.

Habi (the woman sitting in front in the picture) sells various items. She plans to use her loan to buy 1 package of food condiments (peppers, garlic, onions, dried gumbo, salt, Maggi stock cubes, potash and dried baobab tree leaves) and 2 bags of groundnuts from the wholesalers and in Bougouni's neighbouring villages. She makes her sales at the market and from her home, for cash or credit, to a retail clientèle made up of men and women. She expects to make an average monthly profit of 20 000 francs, which will be reinvested in her business and used to take care of healthcare expenses and repay the loan.
Le groupe Soutoura est constitué de 4 femmes mariées et 2 veuves qui ont une moyenne d’âge de 30 ans et 4 enfants. Elles vivent la plupart dans des familles traditionnelles dans le quartier Niebala de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur deuxième prêt. Ce groupe de femmes fait le commerce de cosmétiques, de céréales, du bois de chauffe, du savon, des articles divers et de la restauration.
Habi, qui est la seule assise devant, fait l’achat vente des articles divers. Elle compte acheter avec son prêt, 1 colis de condiments alimentaires (poivre, ail, oignon, gombo séché, sel, cube maggi, potasse et feuilles séchés de baobab) et 2 sacs d’arachide avec les grossistes et dans les villages voisins de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice mensuel moyen de 20.000FCFA qui sera investi dans les activités, pour les frais de santé et rembourser le prêt.

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
  • 28
    View loans »
    Mali Loans Fundraising
  • $12,494,400
    Funds lent in using Kiva
  • 489.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Soutoura Group's $625 loan helped a member to buy 1 package of food condiments and 2 bags of groundnuts.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 10, 2013
Jan 14, 2013
Currency Exchange Loss:
Jul 17, 2013