Check out some available loans that are similar to this one!
Danaya Iv Group
In this Group: Sali , Bintou , Sanata , Satou Oumar , Mata , Alimata , Facouma , Mahawa , Assitan , Karia
The ten members of the Danaya IV group are married women who, on average, are 31 years old and have three children. They live mostly in polygamous families in Diassela, a village in the region of Koulikoro, the second administrative region of Mali. They are working with the micro-finance institution Soro Yiriwaso with the goal of better organizing their activities at the start of the rainy season.

They grow, among other things, ground nuts, millet, and beans. They are on their third loan with the institution.

With this new loan, Karia, the first person seated on the left, plans to buy farm inputs, small pieces of equipment and to pay for the cost of labor to maintain about 2 hectares of millet and ground nuts.

After the harvest, the crops are sold in the town of Beleco to customers who are men and women. Karia hopes to earn about 110,000 francs CFA per field.
View original language description ↓
Les dix membres du groupe DANAYA IV sont des femmes mariées avec une moyenne d’âge de 31 ans et ont en moyenne 3 enfants. Elles vivent la plupart dans des familles polygames à Diassela, un des villages de la région de Koulikoro, 2ème région administrative du mali.
Elles collaborent avec l’institution de micro finance Soro yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont entre autres l’arachide, du mil et du haricot. Elles sont à leur troisième collaboration avec l’institution.
Avec ce nouveau prêt, KARIA la première personne à gauche dans le rang des assises, compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environs 2Ha de mil et d’arachide.
Les productions sont vendues au niveau de la ville de Beleco, après les récoltes à une clientèle composée d’hommes et de femmes. Elle espère réaliser un bénéfice 110 000F CFA environs par campagne.

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
  • 160
    View loans »
    Mali Loans Fundraising
  • $11,265,850
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Danaya Iv Group's $1,025 loan helped a member [to buy] seeds, fertilizer, herbicide, and small pieces of equipment [and to pay for] labor and weeding.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 4, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014