Obenikina 4 Group
Looking to make their farming more profitable, the members of the group decided to join the loan institution Soro Yiriwaso three years ago. After paying off previous loans, they are now asking for their third seasonal loan,
Maimouna S. plans to use her loan to buy as many peanut seeds as she needs, plus small tools and fertilizer. at the big market in Kimparana. . After the rainy season, she will warehouse her harvest long enough for its value to increase, before selling it at the big market in Kimparana. and other nearby markets, retail (or often wholesale) for cash to customers who mostly come from big towns.
After their produce is sold, the members of the group hope to make a profit of 35,000 FCFA each to pay the interest on the loan and ongoing family expenses.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 3 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur troisième prêt de campagne.
MAIMOUNA S. compte utiliser son prêt pour acheter, une quantité suffisante de semence d’arachide, des petits matériels et des intrants, au grand marché de Kimparana ville. Après l’hivernage, sa récolte sera stockée pendant un certain temps pour qu’elle ait de la valeur avant d’être vendue 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 comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 35 000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courantes de la famille.
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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