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Kotognontala Group
In this Group: Sata , Minata , Nah , Fatoumata , Bagna, Machitan, Mamou
Group Kotognontala is made up exclusively of married women. They are on average 34 years old with three children and live in extended traditional families in Djekonobougou village in the commune of Wacoro, Dioila prefecture, Koulikoro region (second administrative region of the republic of Mali)
They met through family, friendship and neighbourhood ties. They sell condiments, shea butter, milk, soap, fritters, cereals, tubers and prepared food.
This is the first loan for the women of the Kotognontala group.
Nah, who is the person sitting on the right, sells potatoes. She plans to buy four sacks of potatoes in the neighbouring villages which she will sell in Wacoro and locally. She hopes to make an average monthly profit of 10.000 FCFA which she will use partly for her business, and also for family expenses.
Le groupe Kotognontala, composé exclusivement de femmes mariées, ont en moyenne 34 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Djekonobougou, commune de Wacoro, préfecture de Dioila, Région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de condiments, du beurre de karité du lait, du savon, du beignet, de céréales, des tubercules et de la restauration.
Les femmes du groupe Kotognontala sont à leur premier prêt solidaire.
La cliente NAH la personne assise à droite est vendeuse de patate. Elle compte acheter quatre sacs de patate dans les villages environnants, qui seront vendus à Wacoro et environnants. Elle compte réaliser un bénéfice mensuel moyen de 10.000 FCFA qui sera réutilisé dans l’activité et dans les dépenses familiales

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
  • 23
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 475.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kotognontala Group's $375 loan helped a member to buy potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014