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Kankelentigui Group
In this Group: Kadia , Salimata , Djènèbou , Nina , Assanatou , Nassira , Sira , Tata , Aichata , Djènèba
The ten women in the Kankelentigui group are married and the majority live in polygamous families. They average 38 years of age with five children each. They all live in the Kanadjiguila district of Commune IV of Bamako (the capital of Mali) and know each other through relatives and their income-generating activities in Kanadjiguila market. The members of the group have businesses selling plastic kitchen utensils, condiments (shallots, garlic,
jumbo seasoning, palm oil, groundnut paste, mustard, ..) and small ruminants. With a view to increasing their capital, the group members decided to collaborate with Soro Yiriwaso and are on their first group loan.

Nina (standing on the far right) is a significant seller of all types of small ruminants. She is planning to use her loan to buy four sheep in Niono. She resells for cash and on credit from home and in Kanadjiguila market to a primarily male customer base. With this loan she hopes to make an average monthly profit of 50,000FCFA, and, as is the case for all the other women in the group, this will be used to reinvest in her business.
View original language description ↓
Les dix femmes du groupe Kankelentigui sont mariées majoritairement dans des familles polygamiques. Elles ont en moyenne 38ans et 5 enfants. Elles habitent toutes dans le quartier de Kanadjiguila en commune IV du district de Bamako (capitale du Mali). et se sont connues à travers des liens de parenté et de leurs activités génératrices de revenu au marché de Kanadjiguila. Les membres du groupe font le petit commerce d’ustensiles plastiques, de condiments (échalote, ail, jumbo en sachets, huile de palme, pâte d’arachide, moutarde, …) et des petits ruminants. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1ier cycle de prêt solidaire.
Madame Nina (la 1ère debout à droite) est une grande vendeuse de petits ruminants de toutes sortes. Elle compte utiliser son prêt pour acheter 4 moutons à Niono. La revente se fait au comptant et à crédit à domicile et au marché de Kanadjiguila à une clientèle composée majoritairement d’hommes. Elle espère réaliser avec ce prêt un bénéfice mensuel moyen de 50 000 FCFA avec ce prêt, qui sera utilisé, pour être réinvesti dans l’activité. Tout comme les autres femmes du groupe.

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,944,875
    Funds lent in using Kiva
  • 510.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kankelentigui Group's $1,975 loan helped a member to buy sheep.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013