Dounkafa 3 Group
The crop grown is corn, as is the case with KALILOU, who is found first from the right in the photo. He intends to use his loan to purchase some farm inputs and seeds and to cover the cost of plowing for maintaining 2 hectares.
After the harvest, the produce is sold in the village and at the DALABALA market to a customer base composed of men and women.
He plans on making an average profit of 300,000 francs CFA per planting. This profit will enable him to repay his loan and also to help his large family to cover day-to-day expenses.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Ils sont à leur troisième prêt avec l’institution et les deux prêts passés ont été bien remboursés.
La spéculation cultivée est le maïs avec KALILOU, premier de la droite vers la gauche, il compte acheter avec son prêt, des intrants, de la semence et payer les frais de labour pour entretenir 2 hectares.
La production est vendue au niveau du village, au marché de DALABALA après la récolte à une clientèle composée d’hommes et de femmes.
Il compte réaliser un bénéfice moyen de 300.000FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi aider la grande famille dans les dépenses quotidiennes.
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