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Sewa Group
In this Group: Sitan , Bintou , Haby , Maimouna , Mariam
Mostly married and living in traditional extended households, the five women of the "Sewa" group are on average 41 years old with seven children. They all live in the town of Kimparana/San in the Ségou region (the fourth administrative region of Mali) and know each other through neighbourhood connections. They run businesses buying and selling condiments and cereals.
With the goal of meeting the growing and pressing needs of their expanding clientele, the group members decided to join Soro Yiriwaso's loan program and are on their 12th solidarity (group) loan.
Ms. Sitan (president of the group, standing on the left dressed in a "wax" style outfit with a smile) runs a successful business selling all kinds of condiments, "wax" style fabric, and damask. She is highly sought-after in the town of Kimparana and the surrounding areas.
She intends to use her loan to buy two 20-litre cans of cooking oil, two cartons of Maggi, one carton of pepper, three cartons of tomato concentrate, 15 sets of "wax" style fabric, and five sets of damask. She gets her supplies every month at Koutiala. She makes her sales at retail in cash to a mixed clientele at the grand market in Kimparana.
With this loan, Ms. Sitan hopes to realize an average monthly profit of 45,000 FCFA, which will be used to reinvest in her business and help her spouse take care of the household expenses.
Mariées majoritairement dans des familles traditionnelles élargies, les cinq femmes du groupe SEWA ont en moyenne 41 ans et 7 enfants. Elles habitent toutes le village de KIMPARANA / SAN dans la région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de leurs activités professionnelles et de parenté. Elles font l’achat et la vente de condiments et de céréales.
Dans le but de satisfaire le besoin de leurs clientèles de plus en plus croissantes et exigeantes, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso et sont à leur 12eme prêt solidaire.
Madame SITAN (présidente de l’association debout vers la gauche en complet wax et en sourire) excelle dans la vente de condiments de tous genres, de tissus wax et de bazin riche. Elle est très sollicitée dans le village de Kimparana et ses environnants.
Elle compte utiliser son prêt pour acheter, 2 bidons de vingt litres d’huile alimentaire, 2 cartons de Maggi, 1 carton de poivre, 3 cartons de concentrée de tomate, 15 pièces de wax et 5 pièces de bazin riche. Elle s’approvisionne à Koutiala mensuellement. Elle effectue ses ventes au comptant, en détail à une clientèle mixtes au grand marché de Kimparana.
Avec ce prêt, Madame SITAN espère réaliser un bénéfice mensuel moyen de 45.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et aider son conjoint dans la prise en charge des besoins du foyer.

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
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,949,525
    Funds lent in using Kiva
  • 482.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD