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Kankele Group
In this Group: Fatoumata , Aïssa , Fatoumata , Maimouna, Anna , Minata
The women of the Kankélé Group are polygamous. They are, on average, forty-four years old, and have six children. They all live in Missira I, and know one another because they live in the same neighbourhood. The women sell food ingredients (onions, shallots, cabbages, tomatoes, aubergines, parsley, etc), cosmetic products and run restaurants. In order to be able to build up their stock levels, the women work with the field partner, Soro Yiriwaso, and this will be their third loan.

Anna (standing on the far left of the photo) is well-known for selling food ingredients (onions, shallots, etc). She will use her loan to buy 400 kgs of onions and one tonne of shallots in Bamako, at the Niono fairs. She will then sell her products to various customers at the market.

Anna hopes to earn a monthly average of 75,000 francs CFA, which will be reinvested in her business.

She, and the other members of the group, would like to continue working with Soro Yiriwaso until they can afford to buy a plots of land to live on.
View original language description ↓
Le groupe .Kankélé est majoritairement composé de femmes polygames. Elles ont en moyenne 44 ans et 6 enfants. Elles habitent toutes à Missira I et se sont connues à travers des liens de voisinage. Les membres du groupe font le commerce de, condiments (oignons, échalotes, choux, tomates, aubergines, persils…), produits cosmétiques et de la restauration. Dans l’intention de se ravitailler au comptant, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 3èmecycle de prêt solidaire.
Madame Anna (femme debout à l’extrême gauche sur la photo) a une grande réputation dans la vente des condiments (oignons, échalotes…). Elle compte utiliser son prêt pour acheter 400kg d’oignons et une tonne d’échalotes à Bamako avec les forains de Niono. La revente se fait en détail au marché à une clientèle mixte. Madame Anna espère réaliser avec ce prêt un bénéfice mensuel moyen de 75.000 FCFA qui sera utilisé, pour être réinvesti dans l’activité. A l’image des autres femmes du groupe, elle a pour objectif d’acheter un lot à usage d’habitation dans cette relation avec Soro Yiriwaso.

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.

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About Mali

  • $1,200
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 477.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kankele Group's $3,775 loan helped a member to buy food ingredients for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2014
Listed
Mar 6, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014