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Konoba Group
In this Group: Kadia , Sanata , Matou , Tènè Kadia
The four women of the Konoba group are married in polygamous families with an average of 40 years and three children between them. They live in the village of Bounou Markala, in the rural community of Sanando, region of Ségou.

They have come to know each other through ties of kinship, neighbourhood, and marriage, and they do small business in cosmetic products (pomade and perfumes), kabakourouni soaps, sugar, and nuts.

With the goal of increasing their commercial capital, the members of the group have decided to call upon the loan potential offered by Soro Yiriwaso; they are taking out their first solidarity loan.

Kadia (the first woman in the photo on the left; to the right) has a great reputation in the sale of cosmetic products of all kinds in the Bounou Markala village and its surroundings.

She plans to use the loan to purchase two cartons of skin cream and three-dozen perfumes. She restocks at the bazaar in Konodimini. She deals in cash and credit, both at home as well as moving through the surrounding villages to a clientele composed primarily of women.

Kadia hopes that with this loan, she will be able to realize a monthly profit of 7,000 FCFA, which will be subsequently reinvested in the business and enable the addition of condiments for sale.

As with the other women of the group, her goal is to increase the volume of her trade through this partnership with Soro Yiriwaso.
View original language description ↓
Les quatre femmes du groupe Konoba sont mariées dans des familles polygames avec en moyenne 40 ans et 3 enfants. Elles habitent dans le village de Bounou Markala, dans la commune rurale de Sanando, région de Ségou.
Elles se sont connues à travers des liens de parenté, de voisinage et de mariage et font le petit commerce de produits cosmétiques (pommade et parfums), du savon kabakourouni, du sucre et des cacahouètes.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé d’intégrer le programma crédit de Soro Yiriwaso avec qui elles sont à leur 1er prêt solidaire.
Madame Kadia (1 ère femme sur la photo de la gauche vers la droite) a une grande réputation dans la vente des produits cosmétiques de toutes sortes dans le village de Bounou Markala et ses environnants.
Elle compte utiliser son prêt pour acheter, deux cartons de crème pour la peau et 3 douzaines de parfums. Elle se ravitaille à la foire de Konodimini. Elle vend au comptant en détail et à crédit, à domicile et en ambulant dans les villages environnants à une clientèle composée majoritairement de femmes.
Madame Kadia espère réaliser avec ce prêt un bénéfice mensuel moyen de 7 000FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge le complément de condiments du foyer.
A l’instar des autres femmes du groupe elle a pour objectif d’augmenter le volume de son activité dans ce partenariat avec Soro Yiriwaso.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 499.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Konoba Group's $125 loan helped a member to purchase cosmetic products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 17, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012