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Djegnogonton Group
In this Group: Adoulaye , Lassina , Daouda
The members of the group DJEGNOGONTON are married men averaging 45 years of age and six children each, all living in traditional families in DANDERSSO, a village in Sikasso (3rd administrative region of the Republic of Mali). The men are collaborating with the microfinance institution Soro Yiriwaso in order to carry out their farm work during the rainy season.

The crop grown is corn. ABDOULAYE, who is standing in the middle in the photo, intend to use his loan to purchase 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 Sikasso market to a customer base composed essentially of retailers from big cities.

He plans on making an average profit of 350,000 francs CFA per planting. This profit will enable him to repay the loan and also to help his large family in covering day-to-day expenses.
View original language description ↓
Les membres du groupe DJEGNOGONTON sont des hommes mariées ayant une moyenne d’âge de 45 ans, 6 enfants et vivant tous dans des familles traditionnelles à DANDERSSO, un des villages de Sikasso, 3ème région administrative du Mali.
Ils collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
La spéculation cultivée est le maïs et ABDOULAYE debout au milieu, sur la photo, compte acheter avec son prêt, des intrants, la semence et payer les frais de labour pour entretenir 2 hectares.
La production est vendue au niveau du village, au marché de Sikasso après la récolte à une clientèle composée essentiellement de revendeurs venant des grandes villes.
Il compte réaliser un bénéfice moyen de 350 000 FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi aider la grande famille 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
  • 38
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djegnogonton Group's $1,150 loan helped a member to purchase inputs and seeds and to cover the cost of plowing.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 8, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013