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Ankabenkelekan 5 Group
In this Group: Bintou Souleymane, Minata Kassou , Chata Madane , Awa Abdoulaye , Fanta Seydou , Kadia , Korotoumou , Kadia Youssouf , Safiatou Moussa, Kadiatou Siraba
Ankabenkelekan 5 is a group of women from Fonfona. They know one another well and live in traditional large families which include their husbands, children, and other relatives. They are on average 44 years old, married, and have at least five children each.

This group of women cultivates rice and groundnuts.

To increase the size of their property, the members decided to join Soro Yiriwaso’s lending program. They are on their eighth agricultural loan.
Minata Kassou is a member of this group; she is sitting on the right with her adz. She will farm an arable plot of 2.5 acres.

She is planning on using her loan to purchase seeds, get her plowing done, and buy fertilizer. She gets her products in Fonfona. After the harvest, she retails her cereals for cash from her house and at the market, to a diverse clientele.

While the other group members are expecting to make an average profit of 100,000 XOF each during this cycle, Mrs. Minata Kassou is forecasting a profit of 160, 000 XOF.

In addition to repaying their loans, they use some of their revenues to provide for personal and familial expenses.
View original language description ↓
Ankabenkelekan 5 est un regroupement de femmes de Fonfona qui se connaissent bien et qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 44 ans, sont mariées et au moins 5 enfants.
Ce groupe de femmes fait La culture du riz et de l’arachide.
Pour augmenter la taille de leurs avoirs, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur huitième prêt de campagne agricole.
Minata Kassou est un membre du groupe accroupie à droite avec sa daba qui va exploiter une superficie de 1hectare.
Elle compte utiliser son prêt pour acheter, de la semence, effectue son labour et acheter de l’engrais Elle se procure de ces produits à Fonfona. Après les récoltes Elle vend ses céréales en détail et au comptant à la maison et au marché et à une clientèle diverse et variée.
Tandis que les autres membres du groupe comptent réaliser un bénéfice moyen de 100.000CFA chacune au cours de ce cycle Mme Minata Kassou compte réaliser 160.000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnel et 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
  • 24
    View loans »
    Mali Loans Fundraising
  • $9,946,525
    Funds lent in using Kiva
  • 524.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ankabenkelekan 5 Group's $1,150 loan helped a member to buy seeds and fertilizer and pay for plowing costs.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 5, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013