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Kotognontala Group
In this Group: Machitan Bah , Awa , Diarha , Nene
The women who form the Kotognontala group are all married, averaging 35 years of age with four children, and live in traditional extended families in the town of Massigui Prefecture of Dioila, Region of Koulikoro (the second administrative region of Mali). They know each other as relatives and neighbors. They cook food for sale and retail clothing and fruits. The Kotognontala group members are on their 15th group loan, having repaid the previous 14 loans without any issues.

Awa C. buys her stock of fruits from the sellers at the weekly Massigui market. She sells retail out of her home and at the Massigui market, for cash and on credit, to a customer base composed of women and men. She plans to achieve an average monthly income of 30,000 West African Francs, which will be used for repaying the loan and covering healthcare and food expenses, with the rest reinvested in her business.
View original language description ↓
Les femmes du groupe Kotognontala, toutes mariées, ont en moyenne 35 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Massigui, préfecture de Dioïla, Région de Koulikoro (deuxième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et font la restauration, le commerce d’habillements et des fruits.
Les femmes du groupe Kotognontala sont à leur quinzième prêt solidaire et tous les quatorze précédents furent remboursés sans aucune difficulté.
AWA C. s’approvisionne en fruits au marché de Massigui hebdomadairement avec les forains. Elle effectue ses ventes à domicile et au marché de Massigui, au comptant, en détail et à crédit, à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 30 000F CFA qui sera utilisé pour payer le prêt, prendre en charge 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.

About Mali

  • $1,100
    Average annual income
  • 47
    View loans »
    Mali Loans Fundraising
  • $11,969,650
    Funds lent in using Kiva
  • 508.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD