Jiguitougou I Group
They collaborate with the Soro Yiriwaso microfinance institution in order to see their agricultural activities through the rainy season. They are in their fourth collaboration with the institution and past loans have all been repaid.
Their crops include: millet, peanuts (from SALY O.) and beans.
With her new loan, SALY O. plans on buying fertilizer and small equipment to maintain the 4 hectares.
After the harvests, the crops are sold in the village at the KADIOLO and ZEGOUA markets to a clientele composed of men and women. She expects to earn a profit of approximately 275,000 CFA after the harvest, which will be used to pay the school fees for the children and health care for the family.
She hopes to continue this collaboration with Soro Yiriwaso in order to make the most of her cultivation area and collect more earnings.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage. Elles sont à leur quatrième collaborations avec l’institution, les prêts passés se sont bien dénoués.
Les spéculations cultivées sont : le mil, l’arachide (avec SALY O.) et le haricot.
Avec son nouveau prêt, SALY O. compte acheter des intrants et des petits matériels pour entretenir 4Hectares .
La production est vendue au niveau du village, au marché de KADIOLO et de ZEGOUA après les récoltes à une clientèle composée d’hommes et de femmes. Elle compte réaliser un bénéfice moyen de 275.000FCFA après la campagne, qui sera utilisé pour soutenir les frais de scolarité des enfants et les soins de santé de la famille.
Elle souhaite entretenir cette collaboration avec Soro Yiriwaso afin d’exploiter ses espaces culturales au mieux pour en tirer plus de gains.
Important InformationSoro 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.
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Success!! The loan was 100% repaid