Noupagagnon Iii Group
They have partnered with the microfinance institution Soro Yiriwaso to carry out their farming activities during the rainy season. This is their fifth loan with the MFI, and all previous loans were correctly repaid.
They grow groundnuts and sweet peas. MARIAM, standing in the photo second from the left, will use her loan to buy inputs and seeds, and to pay for the plowing of about 0.5 hectare.
After harvest, the crops are sold in the village and at the Sikasso market to a clientele composed of both men and women. Mariam expects to earn on average 35,000 FCFA per season.
This revenue will allow her to repay her loan and to help her husband with the daily expenses. She hopes to maintain this partnership with Soro Yiriwaso in order to make the most of her farming land and bolster her profits.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur cinquième prêt avec l’institution, les prêts passés ont été bien remboursés.
Les spéculations cultivées sont : l’arachide et le pois sucré avec MARIAM 2ème à gauche position debout de la photo.
Avec son prêt, elle compte payer les frais de labour, acheter des intrants et les semences pour entretenir : 0.5 hectare.
Les productions sont vendues au niveau du village et au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 35.00FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.
Elle souhaite entretenir cette collaboration avec Soro Yiriwaso afin d’ exploiter au mieux son espace cultural pour en tirer plus de gains.
Important InformationSoro 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.
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Success!! The loan was 100% repaid