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Jekafo 1 De Toura Kalaga Group
In this Group: Setou , Kadiatou Moussa , Chata Adama , Alima Adama , Mariam Soungalo , Kadia Sali , Adiara Kassim , Chata Soungalo , Batoma Sidiki , Minata
The JEKAFO 1 group is made of married women of the Toura Nabitokan village, in the city of SAN (Ségou Region, fourth administrative region of the Republic of Mali), who live in traditional families. They average 45 years of age, and have at least 5 children. They grow peanuts.


Eager to make their agricultural businesses profitable, the members of the JEKAFO 1 group decided to join the loan program of Kiva's partner, Soro Yiriwaso, two years ago. After having repaid the previous loan without problems, they are now seeking their second farming loan.


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


After selling their products, the members of the JEKAFO 1 group count on turning a profit of XOF 25000 to 20000 (ca US$ 55 to 45) each, to be used to repay the loan and to pay for the daily expenses of their families.

View original language description ↓
Le groupe JEKAFO 1 est composé de femmes mariées du village de Toura Kalaga de la ville de SAN région de SEGOU (quatrième région administrative de la république du Mali) qui vivent dans des familles traditionnelles. Elles ont en moyenne 45 ans, au moins 5 enfants et cultivent de l’arachide.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe JEKAFO 1 ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 2 ans. Après avoir correctement remboursé le prêt précédent, elles sont à leur deuxième prêt de campagne.
Le prêt actuel sera utilisé pour acheter, une quantité suffisante de semence d’arachide, des petits matériels et des intrants pour la culture, exclusivement au grand marché de Kimparana 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 Kimparana et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Les membres du groupe JEKAFO 1 de TOURA KALAGA comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 25 000 à 20 000 FCFA qui sera utilisé pour le remboursement des intérêts 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
  • 26
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 461.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jekafo 1 De Toura Kalaga Group's $875 loan helped a member to buy peanut seeds, small materials, and fertilizers for the fields.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 25, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 20, 2010