The members of the ANDONASSOUMANA III group are all married women who are, on average, 41 years old, have 4 children, and live in polygamous families in TOLA, a village in SIKASSO, the third largest administrative region in Mali. The collaborate with the microfinance institution Soro Yiriwaso in order to continue their agricultural activities during the winter months. They are asking for their fourth loan, having successfully reimbursed previous loans. Mrs Assanatou, who is the first person to the left who is standing in the photo, grows corn. This loan will enable her to purchase labor, fertilizer and seeds to cultivate her 0.4 hectare land. She sells the food products in the village as well as in Sikasso, to both male and female customers. She hopes to earn a profit of 95 000 FCFA (~192 USD) per harvest, which will enable her to pay back her loan as well as aid her husband in covering daily expenses.
Les membres du groupe ANDONASSOUMANA III sont des femmes mariées ayant une moyenne d’âge de 41 ans, 4 enfants et vivant toutes dans des familles polygames à TOLA, un des villages de SIKASSO, 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 maïs avec Mme ASSANATOU debout en première position de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter le labour, la semence et les engrais pour entretenir 0,5 hectare. La production est vendue au niveau du village et à SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 95.000 FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.
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.