Check out other loans that are currently fundraising!
Siguitemogosson Ii Group
In this Group: Bintou Bakary , Warignon, Djeneba , Fanta Siaka , Makono , Soumba , Koni , Alima Daouda, Machitan Siaka , Alima N’Golo
The ten members of "Siguitemogosson II" are married women averaging 41 years of age and four children each, all living in traditional families in Tionsso, a village in Koutiala (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the rainy season. They are on their fourth loan with the institution. The past loans were indeed paid back.

The crop grown is rice, as is the case with Makono, who is the second person standing from the right in the photo. With her loan, she intends to purchase farm inputs, seeds, and sundry equipment inputs and to pay for plowing to maintain: 1 hectare.

After the harvest, the produce is sold to men and women customers in the village and in Koutiala. She plans on making a profit of 105,000 francs CFA at the end of the season. This profit will enable her to pay back her loan and also to help her husband to cover day-to-day expenses.
View original language description ↓
Les 10 membres du groupe Siguitemogosson II sont des femmes mariées ayant une moyenne d’âge de 41 ans, 4 enfants et vivant toutes dans des familles traditionnelles à Tionsso, un des villages de Koutiala, 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 le riz avec Makono, 2 ème debout de la droite vers la gauche sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences, des petits matériels agricoles et payer les frais de labour pour entretenir : 1 hectare.
La production sera vendue au niveau du village et à Koutiala, après la récolte, à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 105.000FCFA en fin de 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
  • 24
    View loans »
    Mali Loans Fundraising
  • $11,381,625
    Funds lent in using Kiva
  • 513.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Siguitemogosson Ii Group's $1,125 loan helped a member to pay for plowing, weeding, seeds, farm inputs, and tools.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2014