Check out other loans that are currently fundraising!
Koto Allama Group
In this Group: Ramata , Ramata , Safiatou , Kadiatou
Koto Allama is a group of women from the Koko district of Koutiala, who know each other well and live in large traditional families with their husbands, children and other relatives. They average 55 years of age, are all married and have at least five children each.

This group of women trade in various products such as cosmetics, food products and clothing. In order to build up their business, the members decided to join Soro Yiriwaso's loan program five years ago. They are on their ninth group loan and all the previous loans have been repaid in full.

Kadiatou is a member of the Koto Allama group and sells pure and natural honey; in the photo she is standing on the far right with bottles of honey over a bucket of honey.

She is planning to use her loan to buy containers of honey from producers. She gets her products from Koutiala's Grand Market and in villages. She sells her honey on a wholesale and retail basis, for cash, on a door-to-door basis to a diverse customer base.

While the other members of the Koto Allama group are expecting to make an average profit of 146,250FCFA each over the course of the cycle, Kadiatou is expecting to make 150,000FCFA.

As well as repaying their loans, the women use part of their income to cover their family's daily running costs.
View original language description ↓
Koto Allama est un regroupement de femmes du quartier Koko de Koutiala qui se connaissent bien et vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 55 ans, sont tous mariées et mères d’au moins 5 enfants.
Ce groupe de femmes fait le commerce d’articles divers en particulier les produits cosmétiques, alimentaires et des habillements. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a cinq années. Elles sont à leur neuvième prêt de groupe et tous les prêts précédents ont été bien remboursés.
Kadiatou est un membre du groupe Koto Allama qui vend du miel pure et naturel elle est arrêter avec des bouteilles de miel en face d un seau de miel à l’extrême bout.
Elle compte utiliser son prêt pour acheter des bidons de miel avec les producteurs. Elle se procure de ses produits au grand marché de Koutiala et dans les villages. Elle vend sont miel en gros, en détail au comptant et en ambulant à une clientèle diverse et variée.
Tandis que Les membres du groupe Koto Allama comptent réaliser un bénéfice moyen de 146 250FCFA chacune au cours de ce cycle Mme Kadiatou compte réaliser 150 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.

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
  • 24
    View loans »
    Mali Loans Fundraising
  • $12,489,325
    Funds lent in using Kiva
  • 517.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD