Check out some available loans that are similar to this one!
Kodiagnogona Group
In this Group: Kadiatou , Mariam , Aminata , Teneya , Tenin
The women of the Kodiagnogona group are on average 35 years old with three children, and all live in traditional extended families in Santoro II, one of the neighborhoods of San/Segou (the fourth administrative region of the Republic of Mali).

These women became acquainted through kinship ties and are small retail traders of various items, beverages and clothing. Having successfully repaid their previous loans, the women of the Kodiagnogona group are on their fifth group loan.

Aminata is the first woman from left to right in the photo. She intends to use the loan to buy 5 boxes of soap, 2 boxes of bleach, 5 lengths of Uni wax (colorful West-African fabric) and 10 boxes of ointment.

She buys locally from wholesalers, and sells retail to a clientele composed of women and men, for cash and often on credit.

She hopes to attain average monthly profits of 60,000 CFA francs to be spent on health and food. The rest will be reinvested in the business.
View original language description ↓
Les femmes du groupe KODIAGNOGONA ont en moyenne 35 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies à SANTORO II l’un des quartiers de SAN/SEGOU (la quatrième région administrative de la république du Mali).
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente des articles divers, des boissons et des habits. Après avoir remboursés correctement leurs prêts précédents, les femmes du groupe KODIAGNOGONA sont à leur 5ème prêt solidaire. AMINATA 1ère femme de la gauche vers la droite sur la photo ; compte utiliser son prêt pour acheter 5 cartons de savon, 2 cartons d’eau de javel, 5 pièces d’uni Wax et 10 boîtes de pommade. Elle s’approvisionne sur place chez les grossistes. Elle effectue ses ventes, à une clientèle composée de femmes et d’hommes en espèce et souvent à crédit.
Elle envisage réaliser un bénéfice moyen mensuel de 60 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, et le reste sera réinvesti 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.

Tags

About Mali

  • $1,200
    Average annual income
  • 29
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 474.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Kodiagnogona Group's $1,600 loan helped a member buy various items.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2014
Listed
Apr 29, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014