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Kotankègnè (Rien Ne Nous Est Impossible) Group
In this Group: Mayama, Djeneba, Maïmouna, Fatoumata, Fatoumata, Niamia, Oumou, Korotimi, Alimata
The members of the Kotankègnè (Nothing is Impossible for Us) group have an average age of 39, on average 4 children, and are all married. They live in big traditional polygamous families in the Dandila district of the village of Mèfa (fourth economic region of the Republic of Mali, Ségou). They have come together because of bonds of friendship and work. The Bendiya Mèfa association, to which the Kotankègnè group belongs, has had the chance to participate in lots of training sessions organized under the auspices of aid to rural organizations through the rural loan of the NGO Foundation for International Development Africa.


These women sell agricultural products, firewood, condiments, and charcoal. In their search for financial resources, this group, who had worked with several micro-finance institutions, finally decided to join Soro Yiriwaso, which has approved their first group loan request.


With this loan, they are going to buy 7 sacks of peanuts, 3 sacks of millet, 12 wagonloads of firewood, and a substantial quantity of condiments.


They purchase their condiments in Ségou; their cereals and firewood where they live (from rural people who have an authorization to cut wood) and in the surrounding villages such as Douga, Zenguela, Farabougou, Gachi, Siguila et Dialabougou.


The agricultural products and firewood are sold to wholesalers right in the village or sold in the residential neighborhoods of the town of Ségou, for cash, going door-to-door. As for the condiments, they are sold right in Mèfa out of their houses or in the market fairs of surrounding villages.


The clientele is mostly composed of middlemen who come from the big cities and of women. They expect to make a monthly average profit of 10,000 FCFA which will be used to make payments on the loan, with the remainder invested in their businesses.

Translated from French by Teresa Kramer, Kiva Volunteer


Les membres de Kotankègnè (Rien ne nous est impossible) ont une moyenne d’âge de 39 ans, 4 enfants et toutes mariés vivant dans des grandes familles traditionnelles polygames dans le quartier Dandila du village de Mèfa (quatrième région économique de la république de Mali, Ségou). Elles se sont regroupées en raison de liens d’amitié et de travail. L’association Bendiya Mèfa à laquelle le groupe Kotankègnè appartient a bénéficié de beaucoup de formations organisées dans le cadre de l’appui aux organisations paysannes à travers le prêt de campagne par l’ ONG FIDA.


Ces femmes exercent le commerce de produits agricoles, du bois de chauffe, des condiments et du charbon de bois. Dans leur recherche de ressources financières ce groupe ayant eu à travailler avec plusieurs institutions de microfinance décida de rejoindre finalement Soro Yiriwaso lequel leur a accorder leur premier prêt de groupe.


Avec ce prêt elles vont acheter 7 sacs d’arachide, 3 sacs de mil, 12 chargements de charrette en bois de chauffe et une quantité considérable de condiments alimentaires.


Elles s’approvisionnent en condiments à Ségou ; en céréales et en bois de chauffe sur place (auprès des paysans ayant une autorisation de coupe de bois) et dans les villages aux alentours (tels Douga, Zenguela, Farabougou, Gachi, Siguila et Dialabougou).


Les produits agricoles et le bois de chauffe sont vendus aux grossistes sur place au village ou vendus dans les quartiers de la ville de Ségou au comptant en ambulant. Quant aux condiments ils sont vendus sur place à Mèfa à domicile ou dans les foires des villages environnants.


La clientèle est majoritairement composée de revendeurs venant des grandes villes et les femmes. Elles comptent réaliser un bénéfice mensuel moyen de 10.000 FCFA qui sera utilisé à payer les intérêts du prêt et investir le reste 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
  • 26
    View loans »
    Mali Loans Fundraising
  • $10,710,025
    Funds lent in using Kiva
  • 440.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kotankègnè (Rien Ne Nous Est Impossible) Group's $325 loan helped a member purchase of condiments, cereals, and firewood for re-sale

Achat de condiments, des grains de céréales et du bois de chauffe.

100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 15, 2008
Listed
Sep 1, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009