Dabawara 1 De (dabawara Tingolé) Group


Status: Paying Back

$1,000.00   Loan Amount
0% repaid

About the Group

Group Name: Dabawara 1 De (dabawara Tingolé) Group
Group Members: TENIN DIARRA
MARAMOU DIAKITE
NIAMAKOLO FANE
DJENEBOU TRAORE
DJENEBA KONIBA DIARRA
SALI DOUMBIA
FANTA MARIKO
MARAMOU DOUKOURE
BINTOU COULIBALY
BATOU MARIKO
Location: Fana Koulikoro, Mali
Activity: Farming

About the Loan

Loan Amount: $1,000.00
Loan Use: Labor, fertilizer, herbicide, weeding and sundry supplies and equipment
Repayment Term: 10 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Aug 5, 2009
Date Disbursed: Jul 9, 2009
Date Funded:Aug 6, 2009

About the Country

Country:Mali
Avg Annual Income:$1,200.00
Currency:Communauté Financière Africaine Francs BCEAO (XOF)
Exchange Rate:455.1727 XOF = 1 USD



The ten members of the group DABAWARA 1 of the association DABAWARA are all married women who average 46 years of age and 4 children. The women live in polygamous families in TINGOLE, a leading rural community in FANA subprefecture (2nd administrative region of the Republic of Mali).

They are collaborating with the micro-finance institution Soro Yiriwaso to carry out their winter-time activities. The crops are peanuts and sorghum. The group is now on its fifth collaboration, and the past loans have indeed been settled.

With this new loan, the group members intend to buy fertilizer, herbicide, and minor supplies and equipment and to cover the cost of weeding and labor for maintaining 23 hectares.

A portion of their production is consumed at home. The other portion is sold after the harvests to customers composed of men and women in Marka-Coungo and Fana.

The group members plan on realizing an average profit of 25,000 francs CFA after the planting campaign.

Translated from French by Dan Kuey, Kiva Volunteer


Les dix membres du groupe DABAWARA 1 de l’association DABAWARA sont toutes des femmes mariées avec une moyenne d’âge de 46 ans, 4 enfants et vivant dans des familles polygames à TINGOLE chef lieu d’une commune rurale de la sous préfecture de FANA, 2ème région administrative de la république du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités hivernales. Les spéculations sont l’arachide et le sorgho. Elles sont à leur cinquième collaboration avec l’institution, les prêts passés se sont bien dénoués.
Avec ce nouveau prêt, elles comptent acheter, de l’engrais, de l’herbicide, des petits matériels et payer les frais de sarclage et de labour pour entretenir 23 hectares.
Une partie de leur production est auto consommée et l’autre partie est vendue Marka-Coungo et Fana après les récoltes à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice moyen de 25 000FCFA après la campagne.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Dabawara 1 De (dabawara Tingolé) Group


Loan has been disbursed
 
Entrepreneur: Dabawara 1 De (dabawara Tingolé) Group
Location: Fana Koulikoro, Mali

Thank you for your loan. It has been disbursed to Dabawara 1 De (dabawara Tingolé) Group, consisting of TENIN DIARRA, MARAMOU DIAKITE , NIAMAKOLO FANE , DJENEBOU TRAORE , DJENEBA KONIBA DIARRA , SALI DOUMBIA , FANTA MARIKO , MARAMOU DOUKOURE , BINTOU COULIBALY , BATOU MARIKO by Soro Yiriwaso, a partner of Save the Children in Mali. We are excited to watch this business grow. Over the 8 months of this loan, Soro Yiriwaso, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Fana Koulikoro, Mali
Aug 7, 2009
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Kiva Help Repayment Schedule for Dabawara 1 De (dabawara Tingolé) Group

  Expected Repayments Actual Repayments Comments
May 2010 $1,000.00 Available May 1