Check out some available loans that are similar to this one!
Soutoura Group
In this Group: Niana , Djenba , Wetta , Martine
All married and living in extended, traditional families, the women of the Soutoura group have an average age of 38 and, on average, 5 children. They all live in the town of Tominian in the Ségou region (4th administrative district of Mali) and got to know each other thanks to neighbourly and family relationships. They buy and sell condiments and prepare food. The members of the Soutoura group joined Soro Yiriwaso in order to increase their business and are on their 8th group loan.

Niana (the person standing in the middle of the back row the picture) plans to use her loan to buy 3 boxes of dehusked rice, 2 bags (50kgs) of fresh onions, a 25kg-pail of peanut butter, 2 boxes of Maggi stock cubes and a large quantity of spices. She makes her sales for cash or credit, at the Tominian market fair and door-to-door on non-market days, to a retail clientèle made up of women and men. Thanks to this loan, Niana hopes to make an average monthly profit of 40 000 francs which will be reinvested in her business and used to take care of the household needs.
Toutes mariées dans des familles traditionnelles élargies, les femmes du groupe SOUTOURA ont en moyenne 38 ans et 5 enfants. Elles habitent toutes la ville de TOMINIAN dans la région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage et de parenté. Elles font l’achat la restauration et la vente de condiments.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe soutoura ont intégré Soro Yiriwaso et sont à leur 8 e prêt solidaire
Madame, NIANA femme debout au milieu compte utiliser son prêt pour acheter, 3 sacs de riz décortiqué, 2 sacs d’oignon frais de 50 kg, un seau de 25 kg de pâte d’arachide, 2 cartons de Maggi et une grande quantité d’épices. Elle effectue ses ventes au comptant, en détail à une clientèle composée de femmes et d’hommes à la foire de TOMINIAN et les jours ordinaires et à domicile.
Avec ce prêt, Madame NIANA espère réaliser un bénéfice mensuel moyen de 40000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre 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
  • 29
    View loans »
    Mali Loans Fundraising
  • $11,918,625
    Funds lent in using Kiva
  • 487.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD