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Fougnegue Iv Group
In this Group: Fatoumata Ousmane , N’Gnelen , Mariam Abdoulaye , Madoussou , Abi Diakalia , Abi , Abi Adama , Kadiatou Adama , Awa Amadou , Awa Sama
The members of the Fougnegue IV group are married women with an average age of 42, and with an average of 5 children. They all live in polygamous families in Ziangolodougou, one of the villages in Kadiolo, the 3rd administrative region of Mali.

They work with the microfinance institution Soro Yiriwaso so that they can complete their agricultural activities during the off season.

This is their third loan with the institution. Their past loans have been repaid in full.

They grow peanuts. Abi is seated in the middle of the photo. She would like to use her loan to pay for labor, and to buy seeds and farm inputs to maintain 3 hectares of land.

After the harvest, they sell their crops in the village at the Kadiolo market. Their clientele is comprised of resellers and consumers.

She would like to earn an average profit of 180,000FCFA per season. This profit will help her repay her loan and help her husband with the day-to-day expenses.
View original language description ↓
Les membres du groupe Fougnegue IV sont des femmes mariées ayant une moyenne d’âge de 42 ans, 5 enfants et vivant toutes dans des familles polygames à Ziangolodougou, un des villages de Kadiolo, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur troisième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est : l’arachide avec Abi assise au milieu sur la photo.
Avec son prêt, elle compte payer les frais de labour, acheter les semences et intrants pour entretenir : 3 hectares.
La production est vendue au niveau du village, au marché de Kadiolo, après la récolte à une clientèle composée de revendeurs et de consommateurs.
Elle compte réaliser un bénéfice moyen de 180.000FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari 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
  • 155
    View loans »
    Mali Loans Fundraising
  • $11,260,000
    Funds lent in using Kiva
  • 512.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fougnegue Iv Group's $1,250 loan helped a member pay for labor costs, seeds, and farm inputs.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 11, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013