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Amadiyatoun Group
In this Group: Kadiatou, Mariam , Barakissa , Korotoumou , Koninba
Amadiyatou is a group of women of Koutiala who live in large traditional families with their husbands, children, and other relatives. The women average 41 years of age, are married, and have at least six children. This group of women does commerce in a variety of goods, such as cosmetics, clothing, fruit & vegetables, and more.

To expand their businesses, the group members decided to join the Soro Yiriwaso loan program. They are now on their third group loan.

Korotoumou is group member sitting in the middle in the photo. She is vendor of fruit & vegetables. She intends to use her loan to purchase fruit & vegetables as needed. She procures these goods in Koutiala. Her sales are made retail to a diverse customer base paying with cash at her house and at the market.

While the other Amadiyatou group members plan on making an average profit of 115,000 francs CFA each over the course of the cycle, Ms. Korotoumou plans on making 130,000 francs.

In addition to paying back the loans, the women use part of the revenues to cope with personal expenses and to increase their business capital. They would like to see this Soro Yiriwaso partnership bolstered, so as to avoid inventory shortages.
View original language description ↓
Amadiyatou est un regroupement de femmes de Koutiala qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 41 ans, sont mariées et au moins 6 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels, de produits cosmétiques, habillements, légumes, fruits et divers. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur troisième prêt de groupe.
Korotoumou est un membre du groupe assise au milieu, vendeuse des fruits et légumes. Elle compte utiliser son prêt pour acheter au fur et à mesure des fruits et légumes. Elle se procure de ces articles à Koutiala. Elle les vend en détail au comptant à la maison et au marché à une clientèle diverse.
Tandis que les autres membres du groupe Amadiyatou comptent réaliser un bénéfice moyen de 115000 chacune au cours de ce cycle Mme Korotoumou compte réaliser 130 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles et augmenter son fonds de commerce.
Elles souhaitent voir renforcer ce partenariat avec Soro Yiriwaso pour que les stocks ne soient pas rares.

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
  • 17
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 476.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Amadiyatoun Group's $1,575 loan helped a member to purchase fruit and vegetables.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2014
Listed
May 16, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014