Dableni Ton Group
They collaborate with the microfinance institution Soro Yiriwaso in order to succeed in their agricultural pursuits during the rainy season. This is their third collaboration with the institution and their prior loans have been correctly reimbursed. The crop they grow is maize.
With this new loan, DANAYA, who is the president of this group, intends to pay plowing expenses and buy fertilizer and herbicide. Their crops are sold after harvest in the village and also at the Sikasso market to a clientele composed of men and women.
DANAYA hopes to make an average profit of 120,000 per season, which will be used to cover family needs.
Ils collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Ils sont à leur troisième collaboration avec l’institution et les prêts passés ont été bien remboursés.
La spéculation cultivée par ce groupe d’homme est le maïs.
Avec ce nouveau prêt, DANAYA qui est le président du groupe, compte payer les frais de labour, acheter de l’engrais et de l’herbicide.
Les productions du groupe sont vendues au niveau du village et au marché de Sikasso après les récoltes à une clientèle composée d’hommes et de femmes.
DANAYA compte réaliser un bénéfice moyen de 120 000 par campagne qui sera utilisé pour prendre en charge les besoins 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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Success!! The loan was 100% repaid