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Siguidia Group
In this Group: Fanta , Mariam, Estelle , Aicha, Niagaly
Siguidia is a women’s group from Koutiala. The women know one another well, and live in large traditional families with their husbands, children, and other parents. They are on average 39 years old, and are all married with at least six children.

This group of women trades in various items such as fabrics, food, soap, firewood, and so on. To grow their businesses, the members decided to join Soro Yiriwaso’s loan program. This is their second group loan.

Niagaly, the woman sitting all the way to the right in the picture, is a member of group Siguida. She retails firewood. She is planning on using her loan to purchase firewood gathered from the bush around Koutiala as it becomes available. She retails cash or credit, from home, to a varied clientele.

While the other members of group Siguidia are expecting an average monthly profit of 105,000 XOF each for this cycle, Mrs. Ozo is forecasting 120,000 XOF.

In addition to paying back the loans, they use part of their profits to pay for personal expenses and to increase their working capitals.

They hope to consolidate this partnership with Soro Yiriwaso to prevent low stocks.
View original language description ↓
Siguidia est un regroupement de femmes de Koutiala qui se connaissent bien et qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 39ans, sont mariées et ont au moins 6 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, de tissus, restauration, Savon, Bois de chauffage et divers. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur deuxième prêt de groupe.
Niagaly est un membre du groupe Siguidia assise au bout et à droite, elle est vendeuse de bois de chauffe. Elle compte utiliser son prêt pour acheter au fur et à mesure des chargements de bois de chauffage dans les brousses environnantes de Koutiala. Elle les vend en détail et au comptant à la maison et à une clientèle diverse.
Tandis que les autres membres du groupe Siguidia comptent réaliser un bénéfice moyen de 105 000CFA chacune au cours de ce cycle Mme Niagaly compte réaliser 120 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles et augmenter son fonds de commerce.
Elles souhaitent voir renforcer ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.

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
  • 33
    View loans »
    Mali Loans Fundraising
  • $12,522,975
    Funds lent in using Kiva
  • 478.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD