Djiguisseme I Group
They collaborate with the microfinance institution Soro Yiriwaso in order to succeed in their rainy season agricultural activities. They are on their third loan with the institution, the past loans having been correctly reimbursed.
Peanuts are the crop cultivated by Massira, first woman standing in the photo, right to left. With her loan, she intends to buy inputs and seeds and pay the plowing fees to cultivate one hectare. Her produce will be sold right in the village, at the market, after the harvest, to a clientele composed of men and women.
She expects to make a profit of 100,000 F CFA each growing season. This profit will allow her to repay her loan and help her husband with the daily expenses of their household.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles hivernale.
Elles sont à leur 3éme prêt avec l’institution, les prêts passés ont été bien remboursés.
L’arachide est la spéculation cultivée par MASSIRA 1ére femme debout dans la photo de la droite vers la gauche.
Avec son prêt, elle compte acheter des intrants, la semence et payer les frais de labour pour exploiter 1hectare.
La production sera 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 100 000FCFA par campagne.
Ce bénéfice lui permettra de rembourser son prêt et d’aider son mari dans les dépenses quotidiennes de leur menage.
Important InformationSoro 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.
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Success!! The loan was 100% repaid