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Niagnéguéton 4 Group
In this Group: Bintou , Salimata , Koro , Macoura Coulibaly , Koro , Ami , Sali , Tata , Mamou , Diarra
Niagnéguéton 4 is comprised of women of the Sinsina Sesso hamlet of the town of Koutiala (third region of Mali) who live in big, extended traditional families. They have have an average age of 28 and are the mothers of at least 4 children each. They grow mainly peanuts and millet.



To satisfy their needs in terms of seed, entrants, and minor agricultural material for cultivating peanuts and millet, the members of the group decided to join the loan program of Soro Yiriwaso, four years ago (four rural loans). All the preceding loans have been correctly reimbursed.



The present loan will be used to buy minor agricultural material, a sufficient quantity of peanut and millet seeds, and entrants. The women buy these various articles at the market in Koutiala. After the rainy season, the harvests are stocked for a time so that they gain in value before being sold. They sell cereals in all the markets around Koutiala and in the big open-air market.



After the sale of the harvests, each of the women of the Niagnéguéton 4 group expects to make a profit of 80,000 F CFA which will be used to cover current family expenses and reimburse the loan.

View original language description ↓
Niagnéguéton 4 est un regroupement de femmes du hameau Sinsina Sesso de la ville de Koutiala (troisième région du Mali) qui vivent dans des grandes familles traditionnelles élargies. Elles ont en moyenne 28 ans et sont mères d’au moins 4 enfants.
Elles cultivent principalement de l’arachide et du mil.
Pour satisfaire leur besoin en semences, intrants et petits matériels agricoles pour la culture de l’arachide et du mil, elles ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a quatre ans (4 prêts de campagnes). Tous le précédents ont été correctement remboursés.
Le prêt actuel sera utilisé pour acheter, des petits matériels agricoles, une quantité suffisante de semences d’arachide, de mil et d’intrants.
Elles se procurent en ces différents articles au marché de Koutiala. Après l’hivernage, les récoltes sont stockées pendant un temps pour qu’elles aient de la valeur avant d’être vendues. Elles vendent les céréales dans tous les marchés qui sont aux environs de Koutiala et au grand marché.
Après la vente des récoltes, les femmes du groupe Niagnéguéton 4 comptent réaliser un bénéfice de 80 000 FCFA chacune qui sera utilisé pour faire face aux dépenses familiales et pour le remboursement du prêt.

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

  • $1,200
    Average annual income
  • 6
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 465.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Niagnéguéton 4 Group's $1,575 loan helped a member purchase of entrants, seeds, and minor agricultural materials.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 4, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010