A loan of $1,075 helped a member to purchase tubers, such as yams or potatoes.

Kobake Group's story

The five women of the group Kobakè are married for the most part in monogamous households; the women average 33 years of age and four children each, all living in Kanadjiguila, in Commune de Mandé / Cercle de Kati. And they know one another through ties of community and revenue-generating businesses at the Kanadjiguila market. The group members do commerce in tubers (yams, sweet potatoes, and potatoes), utensils, and clothing.

With the goal of increasing their business capital, the group members decided to collaborate with the microfinance institution Soro Yiriwaso and are now on their first solidarity loan cycle.

Ms. Tatché (the woman sitting at the far right in the photo) is a major vendor of tubers (yams, sweet potatoes, and potatoes) in the district. She intends to use her loan to purchase 350 kg of yams in Bamako. The sales are made at the retail level to a customer base composed mostly of women in Kanadjiguila.

With this loan, Ms. Tatché hopes to obtain an average monthly profit of 45,000 francs CFA that will be used to reinvest in her business and to ensure her children’s care.

In this group: Farima, Fatoumata, Tatché, Fatoumata, Fatoumata

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details