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Kankele Group
In this Group: Assan , Awa , Awa Koumba , Kadia , Fatoumata, Awa , Cisse , Fatoumata
The women of the Kankele Group are wives and widows, are on average 41 years old, have three children, and live in large traditional families in the city of Konobougou, in Baroueil Prefecture in the Ségou region (fourth administrative province of Mali). They know each other through kinship ties, as neighbors and friends. They run restaurants and sell shoes, tobacco, and charcoal.

The women of the Kankele Group are on their thirteenth group loan which will be used to purchase seasonings (for the restaurant businesses), shoes, tobacco, and charcoal.

Fatoumata, the client second from the left, seated in a chair, intends to purchase two bags of plastic shoes from the whole-sellers in Bamako to resell in town from her home and in the streets of Konobougou to a clientele of men and women. She hopes to earn an average monthly profit of 75,000 FCFA of which she will use part to cover her family's needs and reinvest part into her shoe-selling business.
View original language description ↓
Les femmes du groupe Kankele, composées de mariées et de veuves, ont en moyenne 41 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Konobougou, préfecture de Baroueli, 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 la restauration, le commerce de chaussures, du tabac local et du bois de chauffe.
Les femmes du groupe Kankele sont à leur treizième prêt solidaire qui sera utilisé pour acheter des condiments (pour la restauration), des chaussures, du tabac et du bois de chauffe.
La cliente FATOUMATA, deuxième personne à partir de la gauche, assise sur une chaise compte acheter deux sacs de chaussures en plastique avec les grossistes de Bamako pour ensuite les vendre sur place à domicile et en ambulante dans la ville de Konobougou à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 75.000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de commerce de chaussures.

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
  • 32
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kankele Group's $1,600 loan helped a member to purchase shoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Apr 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012