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Nadjegueton 5 Group
In this Group: Lamissa , Mahamadou , Drissa , Diakalia
The members of the group NADJEGUETON 5 are married men who average 47 years of age and five children. They all live in traditional families in Flazambougou, a village of Sikasso (third administrative region of the Republic of Mali).

They have partnered with the microfinance institution Soro Yiriwaso in an attempt to better organize their farming activities during the rainy season. They grow maize, and Mahamadou, first from the left in the photo, plans to use his loan to buy inputs and seeds, and to pay for the the cost of ploughing one hectare of land.

After the harvest, the crops are sold in the village at the market of Sikasso to a clientele consisting mainly of resellers from the big cities.

Mahamadou expects to earn an average profit of 150,000 FCFA per season. This revenue will allow him to repay his loan and to help the family with daily expenses.
Les membres du groupe NADJEGUETON 5 sont des hommes mariées ayant une moyenne d’âge de 47 ans, 5 enfants et vivant tous dans des familles traditionnelles à Flazambougou, un des villages de Sikasso, 3ème région administrative du Mali.
Ils collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
La spéculation cultivée est : le maïs, et Mahamadou 1ere de la gauche vers la droite, sur la photo, compte acheter avec son prêt, des intrants, la semence et payer les frais de labour pour entretenir : 1 hectare.
La production est vendue au niveau du village, au marché de Sikasso après la récolte à une clientèle composée essentiellement de revendeurs venant des grandes villes.
Il compte réaliser un bénéfice moyen de 150.000FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi aider la grande famille dans les dépenses quotidiennes.

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
  • 68
    View loans »
    Mali Loans Fundraising
  • $10,809,225
    Funds lent in using Kiva
  • 512.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nadjegueton 5 Group's $800 loan helped a member to buy inputs and seeds, and pay for ploughing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 4, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013