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Kolaban Group
In this Group: Chata , Safiatou, Maimouna , Nassoum , Djenebou
The Kolaban group consists of five married women (2 in monogamous households and 2 in polygamous ones) who are 37 years old on average and have 5 children on average. They live in Kapelekoulou, one of the districts in the city of Sikasso (third administrative region of the Republic of Mali).
They work with the microfinance institution Soro Yiriwaso in order to satisfy the needs of their customers, and are seeking their ninth solidarity (group) loan. All their previous loans were repaid without problems.
They run various businesses which include, among others, preparing food (rice and beans), dyeing, and selling shoes, firewood, clothing, fruits and vegetables.
With this new loan, they intend to buy 50 packages of shoes, two 50-kg bags of beans, and three 100-kg bags of rice for food preparation. They supply themselves at the markets in Bamako (the capital of Mali), Medine, Sikasso, and in the neighbouring villages. Their goods are sold at various markets in Sikasso and to families door-to-door, to a clientele composed of men and women, most of whom pay in cash at retail.
They each foresee realizing an average monthly profit of 22,500 FCFA, of which one portion will be used for their families' needs, and the rest invested in their businesses.
Some of the women of the Kolaban group aspire to buy a plot of land to live on, and the others hope to open their own shops in Sikasso.
Le groupe Kolaban est constitué de cinq femmes mariées (dont 3 monogames et 2 polygames) qui ont une moyenne d’âge de 37 ans et ont en moyenne 5 enfants. Elles vivent à Kapelekoulou un des quartiers de la ville de Sikasso (troisième région administrative de la république du Mali).
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur neuvième prêt solidaire, tous les passés ont été bien remboursés.
Elles mènent diverses activités qui sont entre autres la vente de chaussures, de bois de chauffe, de vêtements, des fruits et légumes, la restauration (haricot, riz) et la teinture.
Avec ce nouveau prêt, elles comptent acheter, 50 colis de chaussures, 2 sacs de 50kg de haricot et 3 sacs de 100 kg de riz pour la restauration. Elles s’approvisionnent dans les marchés de Bamako (capitale du Mali), de Médine à Sikasso ville et dans les localités avoisinantes. Les marchandises sont vendues dans les différents marchés de Sikasso et dans les familles à une clientèle composée d’hommes et de femmes et la plupart au comptant et en détail .
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 22.500 FCFA dont une partie sera utilisée pour les besoins de la famille et l’autre partie sera investie dans les activités.
Les femmes du groupe Kolaban ambitionnent acheter pour certaines, un terrain à usage d’habitation et d’autres ouvrir leur propre boutique à Sikasso.

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

  • $1,200
    Average annual income
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 493.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kolaban Group's $1,025 loan helped a member to buy various items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009