Check out some available loans that are similar to this one!
Blankalama 4 Group
In this Group: Djaratou , Salimata , Sitan, Djaratou , Fatoumata , Fatoumata
The six members of the group "BLANKALAMA 4" are married women averaging 34 years of age and four children living for the most part in polygamous families in KABOILA, a village in the prefecture of SIKASSO (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the rainy season. They are on their second loan with the institution. The past loan was indeed paid back.

The crop grown is corn, as is the case with DJARATOU, who is standing first from the left in the photo. With her loan, she intends to pay for plowing and to purchase farm inputs and seeds to maintain one hectare.

After the harvest, the produce is sold in the village, at the village of Fachoribougou, and at the SIKASSO market to a customer base composed of men and women. DJARATOU plans on making an average profit of 155,000 francs CFA per planting. This profit will enable her to repay her loan and also to help her husband with day-to-day expenses.
View original language description ↓
Les six membres du groupe BLANKALAMA 4 sont des femmes mariées ayant une moyenne d’âge de 34 ans, 4 enfants et vivant la plupart dans des familles polygames à KABOILA, un des village de la préfecture de SIKASSO, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur deuxième prêt avec l’institution, le prêt passé a été bien remboursé.
La spéculation cultivée est le maïs avec DJARATOU 1ère à gauche, position debout sur la photo.
Avec son prêt, elle compte payer les frais de labour, acheter des intrants et les semences pour entretenir 1hectare.
Les productions sont vendues au niveau du village, au village de fachoribougou et au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 155.500FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

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

  • $1,100
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Blankalama 4 Group's $300 loan helped a member to pay for plowing and to purchase farm inputs and seeds.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 25, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013