Check out some available loans that are similar to this one!
Konotie Yele Group
In this Group: Mariam , Fatoumata , Oumou , Salimata , Mama
The women of the Konotie Yele group are all married. Their average age is 42 years old, and they have about three children each. They all live in large extended families in the village of Konobougou, in the Ségou region (fourth-largest administrative region in the Republic of Mali). They were introduced to one another by relatives, neighbors, and friends. They sell prepared food, clothing, jewellery, fish, etc. The women of the Konotie Yele group are on their 16th group loan.

Mariam, second from the right in the photo, plans to buy ten packages containing 20 calabashes each from farmers in the town of Massigui and the village of Tona. She will then sell the calabashes at the market in Konobougou to a clientele made up of both men and women.

She plans to make an average monthly profit of 30,000 FCFA which will be used to meet the needs of her family. Part of the profit will be reinvested in her calabash-selling business.
View original language description ↓
Les femmes du groupe Konotie Yele, sont toutes des femmes mariées, ont en moyenne 42 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Konobougou, Région de Ségou (quatrième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font de la restauration, le commerce d’habillements et de parures, des poissons etc.
Les femmes du groupe Konotie yele sont à leur seizième prêt solidaire.
La cliente MARIAM, deuxième personne à partir de la droite, compte acheter dix colis contenant chacun 20 calebasses avec les exploitantes de la commune de Massigui et du village de Tona pour ensuite vendre pendant les jours de foire au marché de Konobougou à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 30 000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de commerce de calebasses.

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
  • 47
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 498.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Konotie Yele Group's $1,025 loan helped a member to buy calabashes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Apr 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012