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Tiemprokotie Ii Group
In this Group: Salimata, Djeneba , Chata , Maimouna , Chatou , Maimouna , N’Tene
Group Tiemprokotie II is a part of the Married Women Association of the village of Moribila Mankan, in the former San district, Ségou region (fourth administrative region of the Republic of Mali). The women live in traditional families. They are on average 39 years old with at least five children. They cultivate groundnuts.
In order to make their farms more profitable, the members of the Tiemprokotie II group decided to join Soro Yiriwaso's loan program four years ago. Having successfully repaid their previous loans, they are now on their fourth agricultural loan.
Salimata, who sits in the middle, will purchase a sufficient quantity of groundnut seeds, small equipment and agricultural cultivation inputs at the great market in the city of San. After the rainy season, crops are stored for a certain time to gain value before being sold at the great market of Kimparana San and in neighboring markets, either retail or (often) wholesale, to customers generally coming from big cities.
After selling their agricultural products, the group's members hope to each make a profit of 47,500 to 95,000 FCFA; it will be used to pay back the loan and for the family's daily expenses.
View original language description ↓
Le groupe TIEMPROKOTIE II est un regroupement de l’Association des femmes mariées du village de MORIBILA MANKAN de l'ex cercle de San, région de SÉGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles. Elles ont en moyenne 39 ans et au moins 5 enfants.
Elles cultivent de l’arachide. Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe TIEMPROKOTIE II ont décidé d’intégrer le programme crédit de SORO Yiriwaso depuis maintenant 4 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur quatrième prêt de campagne.
SALIMATA, assise au milieu, achètera une quantité suffisante de semences d’arachide, des petits matériels et des intrants agricoles pour la culture, au grand marché de SAN ville. Après l’hivernage, les récoltes sont stockées pendant un certain temps pour qu’elles aient de la valeur avant d’être vendues au grand marché de KIMPARANA SAN, 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 47500 à 95000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courant de la famille.

Additional Information

Important Information

Soro 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.

About Mali

  • $1,200
    Average annual income
  • 155
    View loans »
    Mali Loans Fundraising
  • $11,260,000
    Funds lent in using Kiva
  • 451.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Tiemprokotie Ii Group's $1,275 loan helped a member to buy fertilizer, seeds and small equipment.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 11, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012