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Kafokatoala Group
In this Group: Nah , Korotoumou, Korotoumou , Biba
The women of Kafokatoala Group are all married. On average, they are 31 years old and have three children. They live in traditional extended families in the village of Fantobougou, subprefecture of Fana, region of Koulikoro (second administrative region of the Republic of Mali). They know each other through ties of kinship and neighborhood.

They work in catering and sell cereals. This is their third solidarity loan which they will use to buy food condiments, tubers and beans.

Korotoumou D., a member of Kafokatoala Group, wants to use her share of the loan to buy tubers at the market in Fana. She retails them at the same market in Fana, for cash and credit, to a clientele made up of women and men.

She expects to make an average profit of 15,000 CFA francs a month, which she will use to pay for daily household expenses. Any remaining amount will be reinvested in her business.
View original language description ↓
Les femmes du groupe Kafokatoala, toutes mariées, ont en moyenne 31 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Fantobougou, sous préfecture de Fana, région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté et de voisinage et font de la restauration et le commerce des céréales.
Ces femmes du groupe Kafokatoala sont à leur troisième prêt solidaire qui sera utilisé pour acheter des condiments, des tubercules et du haricot.
KOROTOUMOU D. du groupe Kafokatoala compte utiliser son prêt pour acheter des tubercules. Elle s’approvisionne avec les femmes du marché de Fana. Elle effectue sa vente sur place, au marché de Fana, au comptant, en détail et à crédit, à une clientèle composée de femmes et d’hommes.
Elle compte réaliser un bénéfice moyen mensuel de 15 000F CFA qui sera utilisé dans les dépenses quotidiennes de la famille et le reste sera réinvesti dans les activités de commerce.

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
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,619,150
    Funds lent in using Kiva
  • 493.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD