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Kotognotala  I Group
In this Group: Rokia , Mamine, Minata Nouhoum , Manse , Mah , Araba, Bintou, Koumba , Mama , Kadia
The 10 members of the group called KOTOGNOTALA I are married women with an average age of 36 and on average, three children. Most of them live in polygamous families in Fofanabougou, one of the villages of the community of Guégnaka, prefecture of Dioîla, Koulikoro region, second administrative region of Mali.

They collaborate with the microfinance institution Soro Yiriwaso with the goal of better organizing their activities at the start of the rainy season. The crops they cultivate are peanuts, millet and sesame. They are on their fourth loan with the institution.

With this loan, Mama, the person in the middle of the seated row, intends to buy farm inputs, tools, and pay the fees for plowing etc. to maintain around a hectare of millet and peanuts. Her produce is sold in the town of Fana, after the harvest, to a clientele composed of men and women. She expects to make a profit of 125,000 F CFA, more or less, per growing season.
View original language description ↓
Les dix membres du KOTOGNOTALA I sont des femmes mariées avec une moyenne d’âge de 36 ans et ont en moyenne 3 enfants. Elles vivent la plupart dans des familles polygames à Fofanabougou un des villages de la commune de Guégnaka, préfecture de Dioîla, région de Koulikoro, 2ème région administrative du mali.
Elles collaborent avec l’institution de micro finance Soro yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont culture de l’arachide, du mil et du sésame. Elles sont à leur quatrième collaboration avec l’institution.
Avec ce prêt, Mama la personne au milieu dans le rang des assises, compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environs 1 ha de mil et d’arachide
Les productions sont vendues au niveau de la ville de Fana, après les récoltes à une clientèle composée d’hommes et de femmes. Elle envisage réaliser un bénéfice de 125 000F CFA environs par campagne.

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

  • $1,100
    Average annual income
  • 22
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 500.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kotognotala I Group's $1,000 loan helped a member to pay for plowing, seeds, fertilizer, herbicide, weeding and small equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014