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Nikanou Group
In this Group: Fanta , Assa , Nana , Fatoumata
The women of the group NIKANOU average 38 years of age and four children each, all living in traditional extended families in LAFIABOUGOU, a district in San City (4th administrative region of the Republic of Mali). These women know one another through ties of kinship. They buy and sell grocery items, such as condiments, and general goods, and they work in food service. The women of the group NIKANOU are on their 14th solidarity loan.

FANTA, who is the first woman from the left in the photo, intends to use her loan to purchase a 20-liter container of cooking oil, a sack of onions, and a few boxes of Maggi bouillon cubes.

The women get their supplies in San and the surrounding villages. They make their sales locally to men and women customer in San.

They envision making an average monthly profit of 80,500 francs CFA that will be used for expenses associated with healthcare, food, and school fees. The rest will be reinvested in their businesses.
View original language description ↓
Les femmes du groupe NIKANOU ont en moyenne 38 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies à LAFIABOUGOU un des quartiers de la ville de SAN (quatrième région administrative de la république du Mali).
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente de produits alimentaires tels les condiments alimentaires, et la restauration et de produits divers.
les femmes du groupe NIKANOU sont à leur 14 eme prêt solidaire. FANTA 1 ère femme debout de la gauche vers la droite sur la photo compte utiliser son prêt pour acheter 1 bidon de vingt litres d’huile alimentaire, un sac d’oignon et quelques cartons de cube Maggi.
Elles s’approvisionnent à SAN et les villages environnants. Elles effectuent ses ventes, sur place à SAN, à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser un bénéfice moyen mensuel de 80 500FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, aux frais scolaires et le reste sera réinvesti dans les activités.

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
  • 154
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nikanou Group's $1,600 loan helped a member to purchase food supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014