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Ankabenkelekan E Group
In this Group: Fanta Kalilou , Djeneba Bourama , Noumy Moctar , Bintou Youba , Yorobo , Sitan Tidiane , Fatoumata Dramane, Awa , Awa , Ramata Solo
Ankabenkelekan E is a group of women from Fonfona who live in large traditional families with their husbands, children and other relatives. They are on average 45 years old, are married and have at least four 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 Youba is a group member squatting on the left of the photo with a hoe. 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 intends to make 100,000 FCFA.
In addition to the loan repayments, the women use part of their income in order to meet their own and their families' personal costs.
View original language description ↓
Ankabenkelekan E 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 45 ans, sont mariées et au moins 4 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 Youba est un membre du groupe qui est la première accroupie avec une daba.
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 80.000CFA chacune au cours de ce cycle Mme Bintou compte réaliser 100.000FCFA.
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
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,710,025
    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 E Group's $1,175 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