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Kokadje Group
In this Group: Alimata , Rokia , Alimata , Balakissa , Alimata , Kadiatou
The six women of the Kokadje Group are married, living for the most part in monogamous households. They have an average age of 43 years and and average of four children. They are living in the village of N’djebougouni in the region of Ségou (fourth administrative region of Mali). They know one another through ties of vicinity, kinship and through their small businesses in the village. They are merchants of condiments (vegetable-based sauces), calabash gourds, and rice. With the goal of increasing their business capital, the group decided to collaborate with Soro Yiriwaso and are on their second group loan cycle.

Balakissa (shown standing second from the left in the photo) is a great merchant of condiments (vegetable-based sauces) of every type in the village of N'djebougouni and its surrounding areas. She plans to use her loan to buy a sufficient quantity of ingredients for condiments: onions, oil, garlic, tomatoes, eggplants and salt, from her supplier in Ségou. She resells her merchandise for cash, both at the market and from her home, to a clientele composed mainly of women. Balakissa hopes to earn an average monthly income of 20,000 Francs CFA with this loan, which will be used to pay for the children's needs and to increase her business capital.
View original language description ↓
Les six femmes du groupe Kokadje sont mariées à majorité monogames dans leurs ménages. Elles ont en moyenne 43 ans et 4 enfants. Elles habitent toutes dans le village de N’djebougouni dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et de leurs activités génératrices de revenu dans le village. Elles font le petit commerce de condiments, de calebasse et du riz .Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 2emecycle du prêt solidaire. Madame Balakissa (2ème femme arretée à gauche vers la droite dans la photo) est une grande vendeuse de condiment de tout genre dans le village de N’djebougouni et ses environnants. Elle compte utiliser son prêt pour acheter une quantité suffisante de condiments oignons, huile, ail, tomate, aubergine et sel de cuisine chez son fournisseur à Ségou. La revente se fait au comptant au marché et à domicile à une clientèle composée majoritairement de femmes. Madame Balakissa espère réaliser un bénéfice mensuel moyen de 20 000 FCFA avec ce prêt, qui sera utilisé dans la prise en charge des besoins des enfants et augmenter son fond de commerce.

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.

Tags

About Mali

  • $1,100
    Average annual income
  • 28
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 497.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kokadje Group's $625 loan helped a member to purchase a sufficient quantity of ingredients for condiments (vegetable-based sauces): onions, oil, garlic, tomatoes, eggplants and salt.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014