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Djekafoton 1 Group
In this Group: Djeneba , Kariya, Nana, Konimba , Sitan , Bintou, Djara , Djeneba , Korotimi, Alima
The DJEKAFOTON 1 group consists of married women from the village of DAKOURA in the SAN region of SEGOU, the fourth largest administrative region of Mali. They live in traditional families. Their average age is 47 and they have at least 9 children. They cultivate peanuts, millet, and okra. In order to make their farms profitable, the members of the group decided to join the Soro Yiriwaso loan program two years ago. After fully repaying their prior loan, they are on their second loan. The current loan for BINTOU, the first person seated at the left, in a red t-shirt, will be used to pay for a sufficient quantity of peanut seeds, labor costs of plowing, small equipment, and agricultural inputs for cultivation, at the main market in city of SAN. After the rainy season, the harvest will be stored for a certain period of time so that it has value before being sold at the main market of SAN and at other nearby markets. Sales are retail (often wholesale), in cash, to customers who usually come from large cities. The members of the group intend to each make, after the distribution and sale of their agricultural products, a profit of 18000 to 40000 FCFA which will be used to pay the interest on the loan and household expenses.
View original language description ↓
Le groupe DJEKAFOTON 1 est composé de femmes mariées du village de DAKOURA de SAN région de SÉGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles. Elles ont en moyenne 47 ans et au moins 9 enfants.
Elles cultivent de l’arachide du mil et du gombo. 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 le prêt précédent, elles sont à leur deuxième prêt de campagne.
Le prêt actuel de BINTOU, la première assise à gauche, en T-shirt rouge, sera utilisé pour acheter, une quantité suffisante de semence d’arachide des frais de labour de sarclage des petits matériels et des intrants agricoles pour la culture, au grand marché de SAN ville. Après l’hivernage, la récolte sera stockée pendant un certain temps pour qu’elle ait de la valeur avant d’être vendue au grand marché de 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 18000 à 40 000 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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 457.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djekafoton 1 Group's $750 loan helped a member to buy inputs, seeds, small equipment, and to pay for labor costs.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 15, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012