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Kotankègnè Group
In this Group: Sirantou , Dayi , Fatoumata , Magnini , Baminè , Hawa , Tata , Baissa , Alimata Madou , Oumou Brema
The group Kotankègnè comprises ten women who are married for the most part in monogamous families. The women average 43 years of age and five children each, all living in the village of Ouolobougouni, in Commune de Konodimini, in Région de Ségou (4th administrative region of the Republic of Mali). The women have small-scale businesses involving milk of all sorts and products.

With the goal of increasing their business capital, the group members joined the Soro Yiriwaso loan program and are now on their first solidarity loan cycle.

Ms. Sirantou (the woman standing second from the left in the photo) is a major seller of milk in and around the village of Ouolobougouni. She intends to use her loan to purchase 250 liters of milk from livestock farmers in town. The sales are made in cash or on credit to a customer base composed of men and women.

With this loan, Ms. Sirantou hopes to make an average monthly profit of 15,000 francs CFA that will be used for reinvesting in her business in order to help out her husband meeting the needs of the family.
View original language description ↓
Le groupe Kotankègnè est constitué de dix femmes majoritairement mariées dans les familles monogamiques. Elles ont en moyenne 43 ans et5 enfants. Elles vivent toutes dans le village de Ouolobougouni dans la commune de Konodimini, Région de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage et de parenté. Elles font le petit commerce de lait de toutes sortes et dérivés. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe intègrent au programme crédit de Soro Yiriwaso et sont à leur 1ème cycle de prêt solidaire.
Madame, Sirantou (femme debout en 2ème position de la gauche vers la droite sur la photo) est une grande vendeuse de lait dans le village de Ouolobougouni et ses environnants. Elle compte utiliser son prêt pour acheter 250 litres de lait avec les éleveurs de la localité. La revente se fait au comptant et à crédit à une clientèle composée d’hommes et de femmes. Avec ce prêt, Madame, Sirantou espère réaliser un bénéfice mensuel moyen de 15 000 FCFA qui sera utilisé pour être réinvesti dans l’activité afin d’aider son mari dans la prise en charge des besoins de la famille.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kotankègnè Group's $1,000 loan helped a member to purchase cow's milk.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013