Nadiegueton 3 Group
They collaborate with the Soro Yiriwaso microfinance institution to complete their agricultural activities during wintering. They are on their third loan with the organization, previous loans having been repaid correctly.
The main cultivar in which they deal is corn.
With his loan, Brehima plans on purchasing 200 kilos of fertilizer, 4 cans of herbicide, and small equipment; it will also pay for routine weeding expenses.
Production is sold after the harvest to a clientele composed of men and women, at the village level, at the Sikasso market.
Brehima plans on making an average benefit of 90,000 CFA per cultivation cycle. His benefits will allow him to pay back his loan and to carry out the family's social events.
He wishes to maintain this collaboration with Soro Yiriwaso and its partner Kiva in order to operate an even larger cultivation space, the better to increase his profits.
Ils collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage. Elles sont à leur troisième prêt avec l’institution, le prêt passé a été bien remboursé.
La spéculation principale cultivée est le maïs.
BREHIMA, compte acheter, avec son prêt, des 200 kg d’engrais, 4 bidons d’herbicides , les petits matériels et payer les frais de désherbage d’ entretiens .
La production est vendue après la récolte à une clientèle composée d’hommes et de femmes au niveau du village, au marché de Sikasso .
BREHIMA compte réaliser un bénéfice moyen de 90 000FCFA par campagne. Son bénéfice lui permettra de payer son prêt et de réaliser les évènements sociaux de la famille.
Il souhaite entretenir cette collaboration avec Soro Yiriwaso et son partenaire KIVA afin d’ exploiter un espace cultural encore plus grand pour mieux 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