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Dableniton Group
In this Group: Abdoulaye , Salia , Moussa Zéguè , Lamine , Ousmane , Sekou , Moussa , Danaya
The members of the group Dableniton are men averaging 45 years of age and four children each, all living in polygamous families in Lobougoula, a village in Sikasso (3rd administrative region of the Republic of Mali). The men are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the rainy season. They are on their fifth loan with the institution. The past loans were indeed paid back.

The crop grown is corn, as is the case with Mr. Danaya, who is standing at the far right in the photo. With his loan, he intends to purchase the farm in puts and seeds for maintaining: 3 hectares.

After the harvest, the produce is sold in the village, at the Sikasso market, to a customer base composed of men and women. He plans on making an average profit of 300,000 francs CFA per planting. The profits will enable him to pay off his loan and also to cover his family's day-to-day expenses.
View original language description ↓
Les membres du groupe Dableniton sont des Hommes ayant une moyenne d’âge de 45 ans, 4 enfants et vivant toutes dans des familles polygames à Lobougoula, un des villages de Sikasso 3ème région administrative du Mali.
Ils collaborent avec l’institution de micro finance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
lls sont à leur cinquième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est le maïs avec Mr Danaya debout à extrême droite.
Avec son prêt, il compte acheter les intrants et semences pour entretenir : 3 hectares.
La production est vendue au niveau du village, au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Il compte réaliser un bénéfice moyen de 300 000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi a prendre en charge les dépenses quotidiennes de sa famille.

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.

Tags

About Mali

  • $1,200
    Average annual income
  • 8
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Dableniton Group's $2,875 loan helped a member to purchase farm inputs and seeds.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 25, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014