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Sonkoma Ii Group
In this Group: Massitan Amara , Chata , Saran , Awa , Chatou , Mayatou, Naminata Amadou , Rokia Sadou , Alima , Chata Zoumana
The members of the Sonkoma II Group are married women with an average age of 36 years, and an average of four children. They are all living in polygamous families in Togodaba, one of the villages in Fakola, third administrative region of Mali. They are working with the microfinance institution Soro Yiriwaso to carry out their agricultural activities during the rainy season. The group is on their fourth loan with the institution, and their past loans have been repaid in full.

Massitan Amara, shown seated on the far right in the photo, grows crops of peanuts. With her ​​loan, she intends to buy agricultural inputs and seeds, and pay for they labor needed to maintain two hectares of farmland. After the harvest, her produce is sold at the village market to a clientele composed of men and women.

She hopes to earn an income of 145,500 Francs CFA per agricultural cycle. This income will allow her to repay her loan and also to help her husband with their daily expenses.
View original language description ↓
Les membres du groupe SONKOMA II sont des femmes mariées ayant une moyenne d’âge de 36 ans, 4 enfants et vivant toutes dans des familles polygames à TOGODABA, un des villages de FAKOLA, 3ème 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 quatrième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide avec MASSITAN AMARA 1ère assise à droite sur la photo.
Avec son prêt, elle compte acheter des intrants, la semence et payer les frais de labours pour exploiter 2hectares.
La production est vendue au niveau du village, au marché après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 145.500FCFA 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

  • $1,100
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 511.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sonkoma Ii Group's $1,775 loan helped a member to buy agricultural inputs and seeds, and pay for they labor needed to maintain two hectares of farmland.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 22, 2013
Listed
Jul 10, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014