The 10 women from the group called Benkaditon 3 are all married in traditional families. They have an average age of 45 and on average five children. They all live in the village of Massalawere in the region of Ségou (fourth administrative region of Mali.) They met through their rainy season agricultural activities and ties of neighborhood, marriage and kinship in the village. They grow peanuts, millet, and rice. In order to buy small equipment and to stock up on farm inputs, the members of the group joined Soro Yiriwaso and are on their second cycle seasonal loan.
Madame Faty (the woman sitting in the photo in the middle of the row of seated women) works hard at her rainy season agricultural activities in the village of Massalawere. She intends to use her loan to buy small equipment, seeds and fertilizer and also to pay young people to weed her field. The sale of her agricultural produce takes place for cash at the end of the rainy season to repay her loan and in order to have income to cover children's expenses and a part of the family's household expenses.
Les dix femmes de Benkaditon 3 sont toutes mariées dans les familles traditionnelles. Elles ont en moyenne 45ans et 5 enfants. Elles vivent toutes dans le village de Massalawere dans la région de Ségou (4ème région administrative du Mali). Elles se sont connues à travers leurs activités agricoles hivernales, des liens de voisinage, de mariage et de parenté dans le village. Elles font la culture d’arachide, du mil et du riz. Dans le but de s’acheter de petits équipements, de s’approvisionner en intrants agricoles, les membres du groupe ont adhéré à Soro Yiriwaso et sont à leur 2ème cycle du prêt de campagne.
Madame Faty (femme assise au milieu parmi les assises dans la photo,) est une grande meneuse d’activités agricoles hivernales dans le village de Massalawere. Elle compte utiliser son prêt pour acheter de petits équipements, des semences et d’engrais puis payer les jeunes pour sarcler son champ. La vente de ses produits agricoles se fait au comptant à la fin de l’hivernage pour payer son prêt et afin d’avoir de revenu pour prendre la charge des enfants, et une partie de celle de la famille.
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.