Filiton Ii Group
Peanuts is the crop grown by MINATA, who is the second woman standing from the left. With her loan, she intends to purchase seeds to make use of 1 hectare.
After the harvest, the produce is sold to men and women customers in the village, at the market. She plans on making a profit of 45,000 francs CFA per planting. The profit will enable her to pay back the loan and help her husband to cover the day-to-day 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 9éme prêt avec l’institution, les prêts passés ont été bien remboursés.
L’ arachide est la spéculation cultivée de MINATA la 2éme femme debout de la gauche vers la droite.
Avec son prêt, elle compte acheter de la semence pour exploiter 1hectare.
La production sera vendue au niveau du village et au marché, après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 45000FCFA par campagne.
Ce bénéfice lui permettra de rembourser son prêt et d’aider son mari dans les dépenses quotidiennes de leur ménage.
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