Benkadi 2 Group
With the goal of increasing their production, the members joined Soro Yiriwaso and are on their 2nd loan campaign.
Sitan, seated, plans to use her loan to buy seed, fertilizer, weedkiller and picks, as well as to pay for the plowing and weeding of her fields. She wants to plant 2 hectares of rice and groundnuts. Sitan plans to produce 1.5 tonnes of rice and 1.5 tonnes of groundnuts. Some of the crop will be sold in order to repay the loan, the rest will be stored as a food supply. The profit from the sale will also be used for clothing and to pay for various household expenses.
Dans le but d’augmenter leurs productions, les membres de l’association ont intégré Soro Yiriwaso et sont à leur 2eième prêt de campagne.
Sitan, la seule assise, compte utiliser son prêt pour acheter des semences, des engrais et des herbicides, des pioches et le labour et sarclage des champs. Elle veut cultiver 2 hectares de riz et d’arachide. Elle espère produire 1,5 tonne de riz, 1,5 tonnes d’arachide. Une partie de ces productions seront destinées à vendre pour le remboursement de son prêt et le reste serait stocké pour la nourriture. Le bénéfice des ventes sera mis pour l’habillement et prendre en charge certains besoins du foyer.
Important InformationSoro 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.
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Success!! The loan was 100% repaid