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Noupagagnon 1 Group
In this Group: Portio , Nema , N’Tene , Hawa , Kilimpa , Abigali , Segueton , Marta , Kampere , Napougnon
Noupagagnon 1 is a group of married women from the village of Kafono, part of the San prefecture in the Ségou region (fourth administrative region of the Republic of Mali). They live in traditional families and are on average 31 years old with at least four children.

They mainly grow peanuts. To make their farming profitable, members of the Noupagagnon 1 group decided two years ago to join the Soro Yiriwaso credit program. Having successfully repaid the previous loan, they are now on their second agricultural loan.

Portio, who is the president and is the first person standing on the right with a green scarf, wants to buy peanuts for planting, small farming equipment and agricultural inputs at the general market in Kimparana.

After the rainy season, crops are stored for a while so that they can gain value before being resold at the general market in Kimparana and in surrounding markets, mainly retail for cash to customers usually from large cities.

After selling their agricultural products each member of the group hopes to achieve profits between 21,000 and 23,000 FCFA, which will be used to repay loan interests and cover ongoing family expenses.
View original language description ↓
NOUPAGAGNON 1 est un groupe de femmes mariées du village de Kafono dans la préfecture de SAN région de SÉGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles. Elles ont en moyenne 31 ans et au moins 4 enfants.
Elles cultivent essentiellement de l’arachide. Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe NOUPAGAGNON 1 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.
PORTIO, qui est la présidente et la première debout à gauche en foulard vert, compte acheter, des semences d’arachide, des petits matériels et des intrants, au grand marché de kimparana. 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, essentiellement en détail 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 21000 à 23000 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
  • 9
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 457.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Noupagagnon 1 Group's $875 loan helped a member to buy agricultural inputs, seeds, and small farming 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