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Ouyètiè 4 Group
In this Group: Ami , Léontinne , Anne Marie , Miata, Aramatou , Agatie , Rosali , Angel Simon , Assan , Angel Gaston
Ouyètiè 4 is a group of married women from the village of Nitabogoro of the town of Koutiala, Sikasso region (third administrative region of the Republic of Mali). They live in big traditional families and are on average 32 with at least 4 children. They mainly excel in cultivating peanuts and millet.



With the intention of making their agricultural businesses profitable, the members of the Ouyètiè 4 group decided to join the loan program of Soro Yiriwaso two years ago. After having correctly reimbursed their first loan, they are on their second rural loan.



The present loan will be used to buy a sufficient quantity of peanut and millet seeds, other small necessities for farming, and entrants for these crops, in the big market of Koutiala. After the rainy season, the harvests are stocked for a certain period so that they have more value before being sold at the big market of Koutiala and in the surrounding markets, retail (often wholesale) and for cash to a clientele mostly coming from the big towns.




Each of the members of the Ouyètiè 4 group expects, after their crops are sold, to make an average profit of 65,000 F CFA which will be used to reimburse the loan and for current family expenses.

View original language description ↓
Ouyètiè 4 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 et ont en moyenne 32 ans et au moins 4 enfants.
Elles excellent principalement dans la culture de l’arachide et du mil.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe Ouyètiè 4 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 et de mil, des petits matériels et des intrants pour la culture, au grand marché de Koutiala. 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 4 comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice moyen 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
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    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 4 Group's $1,225 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 5, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010