A loan of $500 helped a member to manufacture clay pots known as "canaris".


Kototala Group's story

Benkoro Group is made up exclusively of married women, who average 39 years of age and 5 children. They all live in traditional and nuclear families in Kolondieba (a town and prefecture in the third administrative region of Mali). They got to know each other through bonds of kinship, community and marriage.

The members of the group are retailers, restaurateurs, or sell "canaris" (clay pots). In order to bolster their working capital, they decided to join Kiva's partner, the MFI Soro Yiriwaso, from which they are seeking their second solidarity loan (group loan).

Mrs. Ramatou (second woman on the left in the photograph) is one of the pot sellers of the group. She intends to use her loan to manufacture clay pots (transporting clay, buying firewood bundles, and covering labor expenses).

She gets her supplies on the riverside and retails for cash and on credit, at her home and at the market, to a clientele comprising both men and women.

Thanks to this loan, she intends to turn an average monthly profit of XOF 12'500 (ca US$ 25) to be in part reinvested in her business, and in part used to help her husband cover some family expenses.

In this group: Chata , Ramatou , Fanta , Fatoumata , Minata

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Translated from French by Kiva volunteer Patrick Stadelmann



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