Check out some available loans that are similar to this one!
Ankabenkelekan D Group
In this Group: Ramatou Madani , Djeneba Sidiki , Bintou Solo , Fanta Mame, Bintou Niara , Mariam Sekou, Mariam Bourama , Fatoumata , Sali Brehima , Awa Siraba
Ankabenkelekan D is a group of women from Fonfona who live in large traditional families with their husbands, children and other relatives. They are on average 48 years old, are married and have at least three children each. This group of women are growers of rice and peanuts. In order to increase the size of their working capital, the members decided to join the credit program at Soro Yiriwaso. They are on their eighth agricultural harvest loan.
Bintou Solo is a group member standing up (in the photo) with her child on her back. She intends to use her loan to purchase seed, to carry out the manual labour, and to buy fertiliser. She buys her products in Fonfona.
Following the harvests, she sells her cereals in retail quantities, for cash, both door to door and in the market - to a wide and varied customer base. Whilst the other members of the group reckon to generate an average profit of 90,000 CFA each during this loan cycle, Bintou Solo intends to make 100,000 FCFA.
In addition to the loan repayments, the women use part of their income in order to meet their families' personal costs.
View original language description ↓
Ankabenkelekan D est un regroupement de femmes de Fonfona qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 48 ans, sont mariées et au moins 3 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.
Bintou Solo est un membre du groupe debout avec son enfant au dos.
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 90.000CFA chacune au cours de ce cycle Mme Bintou Solo compte réaliser 100.000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles 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
  • 73
    View loans »
    Mali Loans Fundraising
  • $10,874,825
    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 D Group's $1,225 loan helped a member to pay labour costs, and to purchase seeds and fertiliser.
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