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Fokognouma 5 Group
In this Group: Oumou , Fatou , Mariama , Maman Chaka , Namissa , Ami , Oumou , Kadiatou , Naima
The women of Fokognouma 5 group from Samako are married, mostly in large traditional families, and are on average 41 years old with on average 3 children each. They all live in the village of Samako, in the Koulikoro area (the second largest administrative region of Mali), and they know one another through family links, marriage and local connections.
With the goal of using fertiliser and weedkiller in their fields during the rainy season, they decided to join the credit programme at Soro Yiriwaso and are on their third cycle of agricultural loan. The group members are going to grow peanuts, cornmeal, rice, okra and cowpeas. Kadiatou (the woman standing third from the right in the photo) plans to use her loan to purchase 2 litres of weedkiller, 4 bags of nitrogen fertiliser and some complex cereals. She buys her agricultural supplies in the Bancoumana market. With 3 hectares of land, she hopes to harvest 40 sacks of peanuts, 3 sacks of cornmeal, and 2 sacks of cowpeas with their top leaves.
Part of the production will be sold, as well as the cowpea plant tops, in order to finance the family's daily requirements, and the rest will be eaten by the family.
View original language description ↓
Les femmes du groupe Fokognouma 5 de Samako sont mariées majoritairement dans des grandes familles traditionnelles avec en moyenne 41 ans et 3 enfants. Elles vivent toutes dans le village de Samako dans la région de Koulikoro (2ème région administrative du Mali) et se sont connues à travers des liens de parenté, de mariage et de voisinage; Dans le but d’utiliser les engrais et les herbicides dans leurs parcelles de culture à temps pendant la saison pluvieuse, elles ont décidé d’intégrer au programme de SORO YIRIWASO et sont à leur 3ème cycle de prêt de campagne. Les membres du groupe vont cultiver l’arachide, le mil, le riz, le gombo et le niébé.
Madame Kadiatou (femme debout en 3ème position de la droite vers la gauche sur la photo) compte utiliser son prêt pour acheter 2 litres d’herbicide, 4 sacs d’engrais constitués d’urée et de complexe céréales. Elle se ravitaille en intrants agricoles à la foire de Bancoumana. Avec une superficie de 3,00ha, elle espère récolter 40 sacs d’arachide et 03sacs de mil, 2 sacs de niébé et des fanes; Une partie de la production serait vendue en plus des fanes de niébé pour assurer les besoins du foyer au quotidien et le reste serait auto consommé en 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.

About Mali

  • $1,200
    Average annual income
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 502.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fokognouma 5 Group's $625 loan helped a member to purchase fertiliser and weedkiller.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014