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Moussodjeton 1 Group
In this Group: Tenima , Oumou, Awa Boucar , Nana , Ada , Assan , Kounadi Issa , Kounadi Almoudou , Awa , Alima
The Moussodjeton 1 group is made up of married women from the village of Djalakoro in San, which lies in the Ségou region (the Republic of Mali's fourth administrative region). They live in traditional families, average 34 years of age with at least five children each. They grow groundnut, fonio and beans. With a view to making their farming activities profitable, the group members decided to join Soro Yiriwaso's loan program two years ago. Having repaid their previous loans without difficulty, they are now on their second farming loan.

Tenima, who is standing on the left of the photo and wearing a blue scarf, is going to use her loan to buy a sufficient quantity of groundnut and bean seeds, as well as small equipment and agricultural inputs at the large market in San. After the rainy season, the crops are stocked for a certain period of time in order for them to gain value before being sold at the large market in Kimparana and the surrounding markets, on a retail basis (but often wholesale too), for cash to a customer base coming generally from large towns.

The group members are expecting to make a profit of 15,000 to 65,000FCFA each once their produce has been sold; this will be used to repay interest on their loans and cover household running costs.
View original language description ↓
Le groupe MOUSSODJETON 1 est composé de femmes mariées du village de DJALAKORO de SAN région de SÉGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles. Elles ont en moyenne 34 ans et au moins 5 enfants.
Elles cultivent de l’arachide du fonio et du haricot. Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 2 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur deuxième prêt de campagne.
Le prêt actuel de TENIMA, qui est la première debout à gauche avec une écharpe bleu, sera utilisé pour acheter, une quantité suffisante de semences d’arachide, de haricot, des petits matériels et des intrants pour la culture, au grand marché de SAN. 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 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 15000 à 65000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courantes 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

  • $1,100
    Average annual income
  • 22
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 457.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Moussodjeton 1 Group's $1,125 loan helped a member to buy agricultural inputs, seeds and small equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 14, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012