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Kalo Group
In this Group: Awa, Awa, Djeneba, Makoura, Kadia
The Kalo group consists of five married women who on average are 33 years old with five children. They live in nuclear families in the Niebala neighborhood of the city of Bougouni.

They became acquainted through neighborhood ties, friendship and commerce. To strengthen their financial capacity to improve their business, they joined the Soro Yiriwaso institution where they are on their eigth loan. All seven previous loans have been fully repaid.

This group of women are retail merchants of various items like Awa, who is the first woman standing from left to right in the photo.

She intends to use her loan to buy four 20-liter cans of cooking oil, and two cases of saltwater fish from wholesalers in Bougouni. She conducts her retail sales at the market and at home, for cash and on credit, to a mixed clientele.

She expects to attain average monthly profits of 40,000 CFA francs, to be reinvested in the business and used to repay the loan.
View original language description ↓
Le groupe KALO est constitué de 5 femmes mariées ayant une moyenne d’âge de 33 ans et 5 enfants. Elles vivent dans des familles nucléaires dans le quartier NIEBALA de la ville de Bougouni.
Elles se sont connues à travers des liens de voisinage, d’amitié et de commerce. Pour renforcer leur capacité financière afin de mieux faire leur commerce, elles ont adhéré à l’institution de microfinance Soro Yiriwaso avec laquelle elles sont à leur 8ème prêt. Les 7 précédents prêts ont été correctement remboursés. Ce groupe de femmes fait le commerce d’articles divers à l’image de AWA qui est la 1ère femme debout dans la photo de la gauche vers la droite. Elle compte acheter avec son prêt, 4 bidons de 20 litres d’huile, 2 cartons de poissons de mer avec les grossistes de Bougouni. Elle effectue ses ventes au marché et à domicile, en détail au comptant et à crédit à une clientèle mixte .
Elle envisage réaliser un bénéfice mensuel moyen de 40.000FCFA qui sera investi dans les activités et rembourser le prêt.

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
  • 25
    View loans »
    Mali Loans Fundraising
  • $9,944,875
    Funds lent in using Kiva
  • 482.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kalo Group's $1,575 loan helped a member buy food products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 28, 2014
Jun 10, 2014
Currency Exchange Loss:
Dec 17, 2014