Moussodjeton 1 Group
These women work with the Soro Yiriwaso microfinance institution so that they can see their farming businesses through the winter. This is their fifth loan from the institution. Their previous loans were all repaid promptly.
Aissa is the lady crouching on the far right of the photo, wearing a green/white scarf round her neck. She grows peanuts. She plans to use her loan to buy supplies, seeds and small agricultural tools. She will also pay labor costs for workers to farm 1 hectare of land. After harvesting, she will sell her produce at the village level and also in San to a customer base made up of both men and women. She plans to make a profit of 60,000 francs at the end of the season. These profits will allow her to repay her loan and to help her husband with their daily expenses.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur 5 eme prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide avec AISSA, 1 ere femme assise de la droite vers la gauche, sur la photo avec foulard vert blanc au coud.
Avec son prêt, elle compte acheter des intrants, semence, des petits matériels agricoles et payer les frais de labour pour l’exploitation de 1 hectare.
La production sera vendue au niveau du village et à San, après la récolte, à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 60.000 FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.
Important InformationSoro 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.
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Success!! The loan was 100% repaid