Benkadi 4 Group
The crops cultivated are rice and peanuts, in the case of Madame MAMOU, standing on the far left with a red scarf. With her loan she intends to pay for plowing and buy inputs and seed to maintain 2 hectares. The produce is sold right in the village of LOUTANA and at the market of SIKASSO after the harvest, to a clientele composed of men and women. She expects to make a profit of 160,000 F CFA at the end of the growing season. This profit will allow her to repay her loan and also to help her husband with daily expenses.
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 cycle prêt avec l’institution. Les prêts ante rieurs ont été correctement remboursés.
La spéculation cultivée est : le riz et l’arachide avec Madame MAMOU debout à l’extrème gauche avec la foulard rouge.
Avec son prêt, elle compte payer les frais de labours, acheter des intrants et des semences pour entretenir : 2 hectares.
La production est vendue au niveau du village de LOUTANA et au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 160 000 FCFA en fin de campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.
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