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Horonkantigui (Crédibilité Group
In this Group: Adiaratou , Nawa , Djénèbou , Djatou , Assanatou , Mariam , Maminéta , Nassan , Sali
Horonkantigui is a group of nine women, all marrried, who average 42 years of age and five children. They live in the village of Kafela, located 20 km from the city of Sikasso (3rd administrative region of the Republic of Mali). Linked by socio-economic ties, the women of this group buy and sell condiments and charcoal.

As one of the oldest groups of the micro-finance institution Soro Yiriwaso (six years of collaboratiion), it has had twelve solidarity loans that have all been correctly repaid. The group members intend to use this loan to buy 400 sacks of charcoal and a stock of condiments: 2 sacks of onions, 2 sacks of eggplants, 1 sack of okra, 5 sacks of flavorings, 5 cans of tomato paste, etc.

They get their supplies exclusively in villages surrounding Kafela (such as Finkolo, Farako, etc.) from producers having farm and forest operations (that is, holders of wood-cutting permits). These women take advantage of Sikasso market days where there is transportation available to take their goods to the grand marketplace of the city. They make their sales in cash at the retail level (often wholesale) to customers composed generally of women and especially of market vendors from big cities.

They each envision realizing an average profit of 16,000 francs CFA per month, which will serve essentially to boost their working capital.
View original language description ↓
Horonkantigui est un regroupement composé de 9 femmes toutes mariées ayant en moyenne 42 ans et 5 enfants. Elles vivent dans le village de Kafela situé à 20km de la ville de Sikasso (troisième région administrative de la république du Mali). Unies par des liens socio économiques, les femmes de ce groupe font l’achat et la vente des condiments alimentaires et du charbon de bois.
Etant l’un des plus anciens groupes de l’institution de microfinance Soro Yiriwaso (6 ans de collaboration), il a eu 12 prets solidaires et tout ceux ci ont été remboursés correctement. Elles comptent avec ce prêt acheter, 400 sacs de charbon et un stock de condiments alimentaires (2 sacs d’oignon, 2 sacs d’aubergine, 1 sac de gombo, 5 d’aromes, 5 boîtes de concentré de tomate, etc.).
Elles s’approvisionnent exclusivement dans les villages environnants de Kafela (tels Finkolo, Farako etc.)auprès des producteurs ayant des exploitations agricoles et forestières (c’est à dire detenteur d’un permis de coupe de bois). Ces femmes profitent des jours de la foire de Sikasso où il y’a une disponibilité de vehicules de transport pour acheminer leurs marchandises au grand marché de la ville. Elles effectuent leurs ventes au comptant et en détail (souvent en gros) à une clientèle composée très généralement des femmes et surtout des forains venant des grandes villes.
Elles envisagent réaliser chacune un bénéfice moyen de 16.000 FCFA par mois qui servira essentiellement à renforcer le fonds de commerce.

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

  • $1,100
    Average annual income
  • 29
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 516.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD