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Ouyètiè 1 (On Se Connais). Group
In this Group: Sabine , Chitan , Ivonne , Mamou Amidou , Fatoumata , Rose , Brigite , Mariete , Apauline , Maïmouna Issa
Ouyètiè 1 is a group of married women who live in the Nitabogoro neighborhood in the city of Koutiala (Sikasso Region, third administrative region of the Republic of Mali). They live in large extended traditional families with their children, husbands, in-laws, etc. They average 30 years of age, and have at least 6 children. They cultivate various crops, but specialize in peanuts. Eager to make their cultures profitable, the members of the group Ouyètiè 1 decided to join the loan program of Kiva's partner, Soro Yiriwaso, two years ago. After having repaid the first loan without problem, they are now seeking their second farming loan.


The new loan will be used to buy, at the grand market in Koutiala, a sufficient quantity of peanuts seeds, small materials, and fertilizers for the fields. After the rainy season, crops are stored for a while to gain market value, before being sold at the grand market in Koutiala and in the surrounding villages, retail (often wholesale) and for cash, to a clientele usually coming from the larger cities.


After selling their production, the members of the group Ouyètiè 1 count on turning a profit of XOF 65'000 (ca US$ 140) each, to be used to repay the loan and to pay for the daily expenses of the family.

View original language description ↓
Ouyètiè 1 est un regroupement de femmes mariées du village de Nitabogoro de la ville de Koutiala région de Sikasso (troisième région administrative de la république du Mali). Elles vivent dans des grandes familles traditionnelles élargies avec leurs enfants, maris, beaux parents, belles sœurs etc. Elles ont en moyenne 30 ans et au moins 6 enfants.
Elles font plusieurs cultures mais se sont spécialisée dans celle de l’arachide.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe Ouyètiè 1 ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 2 ans. Après avoir correctement remboursé le premier prêt, elles sont à leur deuxième prêt de campagne.
Le prêt actuel sera utilisé pour acheter, une quantité suffisante de semences d’arachide, des petits matériels et des intrants pour la culture, au grand marché de Koutiala ville.
Après l’hivernage, les récoltes sont stockées pendant un certain temps pour qu’elles aient de la valeur avant d’être vendues au grand marché de Koutiala et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Les membres du groupe Ouyètiè 1 comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 65 000FCFA qui sera utilisé pour le remboursement du prêt et les dépenses courantes de la famille.

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
  • 32
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 462.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ouyètiè 1 (On Se Connais). Group's $1,400 loan helped a member to buy peanuts seeds, small materials, and fertilizers for the fields.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 5, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010