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Sarakognouma (Bon Remboursement) Group
In this Group: Ami, Nene, Djelika, Fatoumata, Ami, Assan, Mamine, Sira, Koumba
The members of the Sarakognouma group are married women with an average age of 40 and an average of 6 children. They live in extended traditional families with their husbands, co-spouses, and children in the village of Djinina, Sub-prefecture of Fana (Koulikoro Region, Republic of Mali).

This group deals in: charcoal, condiments and various small items such as peanuts, guinea fowl eggs, epinares, baobab leaves, etc.

They met because of professional reasons, because they live near each other, or are relatives. In searching for business capital, the members of the Sarakognouma group decided to join the loan program of Soro Yiriwaso with whom they have just received a first loan. Sarakognuoma are a group of retailers, plain and simple, who stock up on condiments exclusively on weekly market days in Fana, buying from wholesalers who come from Bamako, Ségou, Dioila, or from those living in Fana itself. They purchase smaller items in the village and surrounding areas or get them in the countryside (by harvesting them) or collect guinea fowl eggs along the edges of the fields. They sell essentially out of their houses in the village, retail and on a cash basis and also on credit.

The members of the Sarakognouma group intend to buy with this loan: 50 kg of condiments (composed of various sorts used in preparing dishes) at 1500 FCFA the kilogram and re-selling in small quantities making a monthly average profit margin of 30,000 FCFA which will be used to make repayments on the loan and to invest in their businesses.

Translated from French by Teresa Kramer, Kiva volunteer

Les membres du groupe Sarakognouma sont des femmes mariées ayant une moyenne d’age de 40 ans et 6 enfants Elles vivent dans des familles élargies traditionnelles avec leurs maris, coépouses et enfants dans le village de Djinina sous préfecture de Fana (Région de Koulikoro République du Mali)

Ce groupe exerce le commerce de : charbon de bois de condiments et divers petits articles : arachides, œufs de pintade, epinares, feuilles de baobab etc.

Elles se sont connues par des relations d’ordre professionnel de voisinage et de parenté. Dans leurs recherches de fonds de commerce, les membres du groupe Sarakognouma ont décidé d’intégrer le programme crédit de Soro Yiriwaso avec qui elles viennent de bénéficier d’un premier prêt. Sarakognuoma est vraiment un groupe de pures détaillantes qui s’approvisionnent en condiments exclusivement les jours de marchés hebdomadaires de Fana auprès de grossistes qui viennent de Bamako Ségou Dioila et résident à Fana même .Quant aux divers elles s’approvisionnent sur place au village et environs soit en brousse (activité de cueillettes) soit le ramassage des œufs de pintades au abords des champs.
Elles vendent essentiellement à domicile (au village) en détail au comptant et aussi à crédit.

Les membres du groupe Sarakognouma comptent acheter avec ce prêt : 50 kg de condiments (composés de différentes sortes toutes dans la préparation des plats alimentaires) à 1500FCFA le kilogramme et revendus à détail dégage une marge bénéficiaire mensuelle et moyenne de 30000FCFA qui servira à payer les intérêts du prêt et investir 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
  • 59
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 414.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarakognouma (Bon Remboursement) Group's $1,650 loan helped a member purchase and re-sale of diverse items

Achat vente d’articles divers.

100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Aug 5, 2008
Jul 21, 2008
Currency Exchange Loss:
Mar 16, 2009