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Soutoura (Confidentialité) Group
In this Group: Rokia , Ramata , Abi , Diaminatou , Aminata T. , Oumou , Sounkoura
The seven women of the group Soutoura are all married and average 34 years of age and four children. They live in large extended traditional families in Sanoubougou I of Sikasso (third administrative region of the Republic of Mali). They know one another through ties of friendship and community. Their principal work includes buying and transforming the waste oil from refineries into soaps, and it also includes buying and selling Wax pagnes (highly prized cloth in Africa), peanuts, millet, and gum. Traditional soaps are made with waste cotton oil and potash.

In order to satisfy a customer base that continues to grow, this group decided to join the micro-finance institution Soro Yiriwaso, with which it is on its second solidarity loan (group loan). And the group performed well in repaying the preceding loan.

With this new loan, the members of the group intend to buy: 2 barrels of cotton waste, 2 sacks of potash, 22 lengths of Wax pagnes, clothing for children, 5 sacks of millet, 1 sack of sugar, and 3 sacks of 'henis' gum. The city of Bobo Dioulasso (of Burkina Faso) and the cities of Bamako et Sikasso are their principal sources of supplies. The merchandise is sold at the Sikasso marketplace, out of homes, and door-to-door at the retail level, cash or credit accepted, to customers composed general of women.

With this loan, they each envision realizing an average profit of 40,000 francs CFA per month that will be use to cover the loan interest and to support their families.

View original language description ↓
Les sept (7) femmes du groupe Soutoura sont toutes mariées et ont en moyenne 34 ans et 04 enfants vivant dans des grandes familles traditionnelles élargies à Sanoubougou I de Sikasso (troisième région administrative de la république du Mali). Elles se sont connues à travers des liens d’amitié et de voisinage. Leurs principales activités sont entre autres l’achat, la transformation des dechets des raffineries d’huile en savons, et l’achat vente des pagnes wax (tissus très prisés en Afrique) ,d’arachide, de mil et de gomme.
Les savons traditionnels sont fabriqués à base des déchets d’huile de coton de potasses.
Afin de satisfaire le besoin de sa clientèle de plus en plus croissante, ce groupe décida d’intégrer l’institution de microfinance Soro Yiriwaso avec laquelle il est à son 2ème prêt solidaire (prêt du groupe) et il s’est bien comporté dans les remboursements du prêt précédent.
Avec ce nouveau prêt, les membres du groupe comptent acheter, 2 bariques de dechet de cotons, 2 sacs de potasse, 22 pièces pagne wax, des habits pour d’enfants, 5 sacs de mil, 1 sac de sucre et 3 sacs de gomme henis. La ville de Bobo Dioulasso(du Burkina Faso), et les villes de Bamako et Sikasso sont leurs principales sources d’approvisionnement de ce groupe de femmes.
Les marchandises sont vendues au marché de Sikasso, à domicile et de façon ambulante en détail, au comptant et à crédit à une clientèle composée généralement des femmes.
Avec ce prêt, elles envisagent réaliser chacune un bénéfice moyen de 40.000 FCFA par mois qui sera utilisé pour payer les intérêts du prêt, subvenir aux besoins de la famille.

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
  • 47
    View loans »
    Mali Loans Fundraising
  • $11,969,650
    Funds lent in using Kiva
  • 516.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Soutoura (Confidentialité) Group's $1,025 loan helped a member to buy different goods (waste cotton oil, Wax pagnes, peanuts, millet, sugar, children's clothing, and gum).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 17, 2008
Dec 1, 2008
Currency Exchange Loss:
May 15, 2009