Jekadi C Group
Like all the women in the town of Kapala, these group members farm tiger nuts.
With the goal of making their farming activity more profitable, the group members joined Soro Yiriwaso's loan program two years ago. One of the group members, Bintou, intends to use her loan to farm 2 hectares of land by buying 4 bags of urea paying for labour and hoeing. These agricultural inputs will be bought at the grand market in Sikasso. Following the harvest at the end of the season, the products will be stocked for a certain while so that they will be worth more when sold at the grand market in Sikasso at retail (often in bulk) to various customers.
Bintou foresees realizing an average profit of 40,000 to 45,000 FCFA, which will be used to pay the interest on the loan and to provide for her family's ongoing needs.
Les clientes exercent comme toutes les femmes du village et la culture du pois sucré.
Dans le souci de rentabiliser leurs activité agricoles, les membres du groupe ont intégré le programme crédit de Soro Yiriwaso il y’a maintenant deux ans. BINTOU pour l’exploitation de ses 2 hectares compte utiliser, 4 sacs d’urée et le reste comme frais de labour et de sarclage. Ces intrants seront achetés au grand marché de Sikasso. A la suite des récoltes en fin de campagne, les produits sont stockés pendant un certain temps pour qu’elles aient de la valeur avant d’être vendus au grand marché de la même ville en détail (souvent en gros) à divers client.
Elle envisage réaliser un bénéfice moyen de 40.000 à 45 000 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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Success!! The loan was 100% repaid