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Kotognogontala I Group
In this Group: Sacky, Barakissa , Maramou , Djenebou , Bintou , Afou, Afou , Minata , Fatoumata, Anchata
The 10 members of the group Kotognogontala I are married women who are on average 44 years old, have 4 children and all live in traditional families in Zoloko, one of the villages of Sikasso, third administrative region of Mali.

They collaborate with the microfinance institution Soro Yiriwaso in order to manage their farming businesses well during the winter.

They are on their third loans with the institution and the other past loans were well reimbursed.

The speculation cultivated is corn by Sacky standing in the first position from left to right.

With her loan she plans to buy inputs, seeds and pay for the labor expenses to maintain 1 hectare.

The production is sold in the village and in Sikasso after harvesting. She sells to a clientele composed of men and women.

She plans to make a profit of 100,000 FCFA per field.

This profit will allow her to pay for her loan and also to help her large family with the daily expenses.
View original language description ↓
Les 10 membres du groupe KOTOGNOGONTALA I sont des femmes mariées ayant une moyenne d’âge de 44 ans, 4 enfants et vivant tous dans des familles traditionnelles à Zoloko, un des villages de Sikasso, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leurs troisièmes prêts avec l’institution et les autres prêts passés ont été bien remboursés.
La spéculation cultivée est le maïs avec SACKY debout en première position de la gauche vers la droite.
Elle compte acheter avec son prêt, des intrants, la semence et payer les frais de labour pour entretenir 1 hectare.
La production est vendue au niveau du village et à SIKASSO après la récolte elle vend à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 100.000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi aider la grande famille dans les dépenses quotidiennes.

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
  • 41
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 499.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kotognogontala I Group's $700 loan helped a member to buy inputs, seeds and pay for labor expenses.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 3, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 20, 2014