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Noupagagnon  A Group
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The ten members of the Noupagagnon A group are married women who, on average, are 50 years old and have three children. All live in traditional families in Kolokoba, a village in the third administrative region of Mali (Sikasso). They are working with the micro-finance institution Soro Yiriwaso in order to carry out their farming during the rainy season. They are on their seventh farm loan with the institution, and all of their previous loans have been repaid correctly.

Flamousso, the first person seated on the left in the photo, grows, among other things, ground nuts, rice, corn, and peppers. With her loan, she plans to buy farm inputs and to pay the cost of labor to maintain one hectare of land.

After the harvest, she will sell her crops in the village to men and women customers.

She hopes to earn an average 90,000 francs CFA per harvest. These earnings will allow her to help her husband in the everyday expenses.
View original language description ↓
Les dix membres du groupe NOUPAGAGNON A sont des femmes mariées ayant une moyenne d’âge de 50 ans et 3 enfants et vivant toutes dans des familles traditionnelles à KOLOKOBA, un des villages de la 3ème région administrative du Mali (SIKASSO).
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur septième prêt de campagne agricole avec l’institution et tous les prêts précédents ont été correctement remboursés.
Les spéculations cultivées sont entre autre l’arachide, le riz, le mais et le piment avec FLAMOUSSO 1ère personne à gauche de la photo position assise, Avec son prêt, elle compte acheter des intrants et payer les frais de labours pour entretenir 1 hectare.
La production est vendue au niveau du village après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 90.000FCFA en fin de campagne.
Ce bénéfice lui permettra 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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 494.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Noupagagnon A Group's $1,700 loan helped a member to pay the cost of labor and to buy farm inputs.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 26, 2013
Listed
Jun 16, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2014