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Konotieyelen Group
In this Group: Maï , Ami , Aminata , Maman , Oumou , Fatoumata , Mariam , Salimata
The women of the Konotieyelen group, which is composed of married women and widows, are on average 43 years old and have two children. They all live in extended traditional families in the town of Konobougou, in the Barouéli prefecture in the Ségou region (fourth administrative region of the republic of Mali).

They met through family, neighbourhood, and friendship ties. They sell calabashes, condiments, clothes, and fish.

The women in the Konotieyelen group are on their fifteenth loan.

Mariam, who is first on the right in the row of women who are sitting, plans to buy five baskets of calabashes from the salesmen in Tona to then sell to customers in Fana and Bamako.

She hopes to make an average monthly profit of 40 000FCFA which she will use partly for her family's needs and partly to reinvest in her calabash business.
Les femmes du groupe Konotieyelen, composé de femmes mariées et de veuves, ont en moyenne 43 ans, 2 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Konobougou, préfecture de Barouéli, 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 le commerce de calebasses, des condiments, des habits et du poisson.
Les femmes du groupe Konotieyelen sont à leur quinzième prêt solidaire.
MARIAM, première personne à partir de la droite dans le rang des assises, compte acheter cinq paniers de calebasses avec les revendeurs de Tona pour ensuite vendre aux clients de Fana et Bamako.
Elle envisage réaliser un bénéfice moyen mensuel de 40 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
  • 5
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 512.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Konotieyelen Group's $2,350 loan helped a member to purchase calabashes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013