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Jekafo 1 Group
In this Group: Awa , Chata , Bintou , Sali , Sali , Djeneba , Awa , Kadiatou , Chata Adam , Tata
The members of the group JEKAFO 1 are married women averaging 36 years of age and five children each, all living in polygamous families in TIOLA, a village in SIKASSO (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso in order to carry out their farm work during the rainy season. They are now on their second loan with the institution. The last loan was indeed paid back.

The crop grown is rice, as is the case with AWA, who is standing in the middle of the photo. With her loan, she intends to purchase farm inputs and seeds for 1 hectare.

After the harvest, the produce is sold in the village, at the SIKASSO market, to a customer base composed of men and women.

She plans on making an average profit of 110,000 francs CFA per planting. This profit will enable her to repay the loan and also to help her husband in covering day-to-day expenses.
View original language description ↓
Les membres du groupe JEKAFO 1 sont des femmes mariées ayant une moyenne d’âge de 36 ans, 5 enfants et vivant toutes dans des familles polygames à TIOLA, un des villages 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 riz avec AWA debout au milieu.
Avec son prêt, elle compte acheter les intrants et semence pour entretenir 1 hectare.
La production est vendue au niveau du village, au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 100.000 FCFA 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

  • $1,200
    Average annual income
  • 32
    View loans »
    Mali Loans Fundraising
  • $10,400,425
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Jekafo 1 Group's $900 loan helped a member to purchase inputs and seeds.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 31, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013