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Kobada 2 De (Kobada Nokabougou) Group
In this Group: Kounbaty , Fatoumata , Bolo , Nah , Oumou , Sali , Niakoro , Mandien , N’Ze , Awa Drissa
The KOBADA 2 group is made up of ten married women who have an average age of 40 and an average of 6 children. The majority live in polygamous families in the village of NOKABOUGOU, in the commune of Tingolé, in the sub prefecture of FANA, in the second administrative region of Mali.
The members of this group are in partnership with the Soro Yiriwaso micro finance institution with the goal of having financial support to practice their winter occupation which is, among other activities, the cultivation of sorghum, peanuts and beans. This is their fifth experience with this institution, and all previous loans have been correctly repaid.
This new loan will be used to buy fertilizer, herbicide, and small farm equipment, and to pay the hoeing and labor expenses to maintain 23 hectares.
They will consume one part of their goods and the other part will be sold in the Tingolé, Marka-Coungo et Fana markets to a clientele made up of men and women.
They count on making an average profit of 40,000 CFA francs after the campaign.
View original language description ↓
Le groupe KOBADA 2 est composé de dix femmes mariées ayant une moyenne d’âge de 40 ans, 6 enfants et vivant la plupart dans des familles polygames dans le village de NOKABOUGOU, commune de Tingolé, sous préfecture de FANA, 2ème région administrative du Mali.
Les membres de ce groupe sont en partenariat avec l’institution de microfinance Soro Yiriwaso dans le but d’avoir un appui financier pour exercer leurs activités hivernales qui sont entre autres la culture du sorgho de l’arachide et du haricot. Elles sont à leur cinquième expérience avec l’institution, tous les prêts passés ont été remboursés correctement.
Ce nouveau prêt sera utilisé pour acheter de l’engrais, de l’herbicide, des petits matériels agricoles 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 sur les marchés de Tingolé, Marka-Coungo et Fana, à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice moyen de 40 000FCFA après la campagne.

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
  • 86
    View loans »
    Mali Loans Fundraising
  • $10,910,925
    Funds lent in using Kiva
  • 455.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Kobada 2 De (Kobada Nokabougou) Group's $1,100 loan helped a member labor, fertilizer, herbicide, hoeing et small farm equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 16, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 16, 2010