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Kanou Group
In this Group: Djeneba , Ami , Fanta Tidiani , Hawa
'Kanou' is a group of four women from the town of Yangasso, San prefecture (fourth administrative region of Mali). They met because of being related and/or neighbors. They have an average age of 32 and on average, six children each. They have various businesses selling different things: fruit and vegetables, clothing, condiments, etc.

In order to expand their businesses, the members decided to join the loan program of Soro Yiriwaso three years ago. They are on their sixth solidarity loan (group loan). They buy their merchandise in San and Koutiala. They make their sales at the market of Yangasso and in the surrounding weekly markets, and the villages surrounding the town of San.

Djeneba S., the group leader, is well known in Yangasso for buying and selling fruit and vegetables. She stocks up weekly at the big open-air market of Koutiala town. With her new loan she intends to buy 20 sacks of potatoes, one sack of avocados, 50 kg of Bambara peas, and 6 cases of plantains. She hopes to make a monthly profit of 12,500 F CFA whereas the other members expect to make a monthly profit of 11,500 F CFA which will be used to reimburse the loan and reinvest in their businesses and also to help their husbands support their families.
View original language description ↓
Kanou est un regroupement de quatre femmes de la ville de Yangasso préfecture de San (quatrième région administrative du Mali). Elles se sont connues à travers des liens de parenté et de voisinage. Elles sont toutes mariées. Elles ont en moyenne 32 ans et une moyenne de 6 enfants par femme.
Elles mènent différentes activités commerciales: vente de produits divers, de fruits et légumes, d’habits, de condiments etc.
Pour augmenter la taille de leurs activités, les membres ont décidés d’intégrer le programme crédit de Soro Yiriwaso depuis trois ans. Le groupe est à son 6ème cycle de prêt solidaire (prêt de groupe).
Les femmes du groupe achètent leurs marchandises à San et à Koutiala. Elles vendent au marché de Yangasso et dans les foires environnantes et dans les villages environnants de la ville de San.
Djeneba S., le chef du groupe, est très connue à Yangasso à travers son activité d’achats et de ventes de fruits et légumes.
Elle s’approvisionne hebdomadairement au grand marché de Koutiala ville.
Avec son nouveau prêt, elle compte acheter, 20 sacs de pomme de terre, 1 sac d’avocat, 50kg de pois de terre, 6 cartons de banane plantain.
Elle espère réaliser un bénéfice mensuel de 12500FCFA tandis que les autres membres comptent sur un bénéfice mensuel de 11500FCFA profit qui sera utilisé pour rembourser le prêt et réinvestir dans les activités et aussi venir en aide aux conjoints.

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
  • 30
    View loans »
    Mali Loans Fundraising
  • $10,686,675
    Funds lent in using Kiva
  • 535.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kanou Group's $575 loan helped a member purchase of fruit and vegetables for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2010
Listed
Jun 5, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010