Benkadi 3 Group
They are work with Soro Yiriwaso (one of Kiva's field partners) to manage their agricultural businesses properly during the rainy season. They are on their fourth loan with the institution, and the three previous loans were repaid properly.
Sali Bourama T., one of the group members, grows rice. With her portion of the loan, she intends to buy agricultural inputs and small equipment to manage 0.75 hectares.
The products are sold in the village after the harvest to a clientele composed of consumers.
She intends to realize an average profit of 25,500 FCFA at the end of the planting season, which will allow her to repay the loan and help her husband with the family's expenses.
Elles collaborent avec Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage. Elles sont à leur quatrième prêt avec l’institution et les trois prêts passés ont été bien remboursés.
SALI BOURAMA T. fait la culture du riz.
Avec son prêt, elle compte acheter des intrants et les petits matériels pour entretenir : 0,75 hectare.
La production est vendue au niveau du village après les récoltes à une clientèle composée de consommateurs.
Elle compte réaliser un bénéfice moyen de 25.500 FCFA en fin de campagne, qui lui permettra de payer son prêt et d’aider son mari dans les dépenses familiales.
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