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Kanou Group
In this Group: Adiarratou , Oumou , Rokia , Safoura
The women of the Kanou Group are, on average, 35 years old and have five children. They live in traditional, extended families in Bla/Segou (fourth administrative region of the Republic of Mali). The women know one another through family and through selling food products.

This will be the third group loan for these women, the previous loans were all fully and correctly repaid.

Adiarratou (second from the left in the photo) plans to use her loan to buy 50 kg of onions, 25 kg of salt, 20 kg of chillies, 5 baskets of tomatoes and 20 litres of oil. She buys her supplies locally and in the surrounding villages, and sells them to both men and women, on a cash or credit basis.

Adiarratou expects to make a monthly average profit of 30,000 francs CFA, which will be used to pay for healthcare costs, food and school fees. The remainder will be reinvested in her business.
View original language description ↓
Les femmes du groupe KANOU ont en moyenne 35 ans, 5 enfants et vivent toutes dans des familles traditionnelles élargies à BLA/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 condiments, des produits alimentaires et des articles divers. Après avoir remboursés correctement leurs prêts précédents, les femmes du groupe KANOU sont à leur 3ème prêt solidaire. ADIARRATOU 2ème femme de la gauche vers la droite sur la photo ; compte utiliser son prêt pour acheter 50Kg d’oignon, 25Kg de sel, 20Kg de piment, 5 paniers de tomate et 20 litres d’huile. Elle s’approvisionne sur place et dans les villages environnants. 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 30 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, aux frais scolaires 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.

About Mali

  • $1,200
    Average annual income
  • 75
    View loans »
    Mali Loans Fundraising
  • $10,874,800
    Funds lent in using Kiva
  • 481.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kanou Group's $850 loan helped a member to buy food ingredients for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2014
Listed
Jun 4, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014