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Moussodjeton   2 Group
In this Group: Halima , Assitan, Teneba , Awa , Awa , Djeneba, Djire , Korotimi , Hawa , Binta
The members of the Moussodjeton 2 group are married women averaging 35 years of age, with four children. They all live in traditional families in Djalakoro, a village in the San [prefecture], in the fourth administrative region of Mali. They collaborate with the Soro Yiriwaso microfinance institution in order to better manage their agricultural activities during the rainy season.

They are on their fifth loan with the institution. Their prior loans have been well repaid. They grow peanuts, as is the case of Awa, the first one seated on the right in the photo. With her loan, she plans to buy agricultural inputs [fertilizers etc], seeds, small agricultural tools and pay the cost of labor to work 1 ha [2.5 acres] of land. After harvesting, the produce will be sold in her village and in San, to a customer base composed of both men and women. She plans to earn 45,000 West African francs for the agricultural cycle. This revenue will allow her to pay off her loan and also to help her husband with everyday expenses.
View original language description ↓
Les membres du groupe MOUSSODJETON 2 sont des femmes mariées ayant une moyenne d’âge de 35 ans, 4 enfants et vivant toutes dans des familles traditionnelles à DJALAKORO, un des villages de San, 4ème région administrative du Mali.
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 AWA, 1 ere assise de la droite vers la gauche, sur la photo.
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 45.000 FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi 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
  • 16
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 502.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Moussodjeton 2 Group's $1,150 loan helped a member to pay for agricultural inputs, seeds, small tools and the cost of labor.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 11, 2013
Listed
Jun 27, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014