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Dembagnouman 3 Group
In this Group: Maimouna , Bamoumou , Baloya , Fatoumata, Karia , Awa , Fatoumata, Aminata , Rokia , Salimata
The ten members of the group "DEMBAGNOUMAN 3" are married women averaging 30 years of age and two children each. The women live for the most part in polygamous families in Wobougou, a village in the Prefecture of Dioïla.

They are collaborating with the microfinance institution Soro Yiriwaso with the goal of better organizing their work at the start of the rainy season. The crops grown include millet, corn, and peanuts. They are on their third collaboration with the institution.

With this new loan, SALIMATA, who is the second person standing from the right, plans to buy farm inputs and sundry equipment and to cover the cost of plowing for maintaining 0.75 hectare of peanuts and of beans.

After the harvests, the produce is sold in the city of Dioïla to a customer base composed of men and women. SALIMATA plans on making an average profit of about 105,000 francs CFA per planting.
View original language description ↓
Les dix membres du groupe DEMBAGNOUMAN 3 sont des femmes mariées avec une moyenne d’âge de 30 ans et ont en moyenne 2 enfants. Elles vivent la plupart dans des familles polygames à Wobougou, un des villages de la préfecture de Dioïla.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont le mil le maïs et l’arachide. Elles sont à leur troisième collaboration avec l’institution.
Avec ce nouveau prêt, SALIMATA deuxième personne à partir de la droite dans le rang des debouts, compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environs 0,75 hectare d’arachide et de haricot.
Les productions sont vendues au niveau de la ville de Dioïla, après les récoltes à une clientèle composée d’hommes et de femmes. Elle compte réaliser un bénéfice moyen de 105.000F CFA environs par campagne.

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
  • 64
    View loans »
    Mali Loans Fundraising
  • $10,449,750
    Funds lent in using Kiva
  • 541.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dembagnouman 3 Group's $1,225 loan helped a member to pay for plowing, seeds, fertilizer, herbicide, weeding, and sundry equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 6, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013