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Noupagagnon Ii Group
In this Group: Gnire Sibiri , Kodia , Kekaka , Brenice , Djeneba , Zere , Napagnon, Tata, Djeneba , Rokia
NOUPAGAGNON II is a group of married women from the village of KAFONO, in the prefecture of SAN, Region of SÉGOU (4th administrative region of the Republic of Mali). The women live in traditional families, and they average 33 years of age and have at least four children. The group members grow peanuts.

Concerned about making their plantations profitable, the group members decided to join the loan program of the micro-finance institution Soro Yiriwaso two years ago. After properly repaying the previous loan, they are now on their second farm loan.

ROKIA, who is standing second from the right in the photo and wearing a blue boubou, intends to use her loan to buy a sufficient amount of peanut seeds, sundry supplies and equipment, and some inputs for farming. These items are purchased at the main market of Kimparana City. Following the off-season, the harvested crops are stocked for a certain time, so that they gain value. And then they are sold retail (and often in bulk) and for cash at the main market of Kimparana and at surrounding markets. The customers generally come from large cities.

After selling the produce, the group members each plan on making a profit of 14,500 to 16,000 francs CFA that will be used for repaying the loan interest and for covering typical family expenses.
View original language description ↓
NOUPAGAGNON II est un groupe de femmes mariées du village de KAFONO dans 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 33 ans et au moins 4 enfants.
Elles cultivent de l’arachide. 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.
ROKIA, qui est la deuxième debout à droite en boubou bleu, compte utiliser son prêt actuel pour acheter, une quantité suffisante de semence d’arachide, des petits matériels et des intrants, au grand marché de kimparana 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 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 14500 à 16000 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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    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 Ii Group's $750 loan helped a member to buy farm inputs, seeds, and tools.
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