Check out some available loans that are similar to this one!
Kankele Group
In this Group: Awa , Awa , Djeneba , Mechitan
The women in the Kankele group are on average 37 years old with four children, and all live in traditional extended families in Tion/Segou (the fourth administrative region of the Republic of Mali).

These women became acquainted through kinship ties and are small retail traders of condiments and various items. Having successfully repaid their previous loans, the women in the Kankele group are on their seventh group loan.

Awa is the second woman from the left to the right in the photo. She intends to use the loan to buy 40 kilos of onions, 25 kilos of salt, 15 kilos of hot peppers, 10 baskets of tomatoes, 15 packages of Maggi cubes and 20 liters of vegetable oil.

She buys locally and in the surrounding villages, and sells retail to a clientele composed of women and men, for cash and often on credit.

She hopes to attain average monthly profits of 45,000 CFA francs she will spend on health, food, clothing, and school fees. The rest will be reinvested in the business.
View original language description ↓
Les femmes du groupe KANKELE ont en moyenne 37 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies à TION/SEGOU (la quatrième région administrative de la république du Mali).
Ces femmes se sont connues à travers des liens de parenté et font les activités d’achat et de vente des condiments et des articles divers. Après avoir remboursés correctement leurs prêts précédents, les femmes du groupe KANKELE sont à leur 7ème prêt solidaire. AWA 2ème femme de la gauche vers la droite sur la photo ; compte utiliser son prêt pour acheter 40Kg d’oignon, 25Kg de sel, 15Kg de piment, 10 paniers de tomate, 15 paquets de Cube Maggi et 20Litres d’huile. Elle s’approvisionne sur place et dans les villages environnants. Elle effectue ses ventes, à une clientèle composée de femmes et d’hommes en espèce et souvent à crédit.
Elle envisage réaliser un bénéfice moyen mensuel de 45 000FCFA qui sera utilisé dans les dépenses relatives à la santé, à la nourriture, l’habillement, aux frais scolaires 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
  • 37
    View loans »
    Mali Loans Fundraising
  • $12,546,775
    Funds lent in using Kiva
  • 474.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD