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Noupagagnon  I Group
In this Group: Youssouf , Madou, Dramane, Fatogoma, Issa , Mamadou , Sekou , Zoumana , Yacouba , Nampory Mamadou
The ten members of the Noupagagnon I Group are married men with an average age of 40 years and an average of six children. They are all living in traditional families in N'Goloniena, a village in the third administrative region of Mali (Sikasso). They are working with the microfinance institution Soro Yiriwaso to carry out their agricultural activities during the rainy season. The group is on their fourth agricultural loan with the institution, and all of their prior loans have been repaid.

Zoumana, shown seated in the center of the photo, grows crops of corn. With his loan, he intends to purchase the fertilizer required to maintain two hectares of crops. After the harvest, the produce is divided into two parts. One part is reserved for food, and the rest is sold at the village and in Lobougoula to a clientele composed primarily of men, and rarely to women.

He hopes to earn 200,000 Francs CFA during this agricultural cycle. This income will allow him to repay his loan and also to help his extended family with their daily expenses.
View original language description ↓
Les dix membres du groupe NOUPAGAGNON I sont des hommes mariés ayant une moyenne d’âge de 40 ans, 6 enfants et vivant tous dans des familles traditionnelles à N’GOLONIENA, un des villages de la 3èmerégion administrative du Mali (Sikasso).
Ils collaborent avec l’institution de micro finance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Ils sont a leur quatrième prêt de campagne agricole avec l’institution et tous les prêts précédents ont été correctement remboursés.
La spéculation cultivée est le maïs.
Pour ZOUMANA au milieu de la la photo position assise, avec son prêt, il compte acheter des engrais pour entretenir 2 hectares.
La production est divisée en deux partie une est réservée pour la nourriture et l’autre est vendue au niveau du village et à Lobougoula après la récolte à une clientèle composée essentiellement des hommes rarement aux femmes
Il compte réaliser un bénéfice de 200.000FCFA en fin de campagne.
Ce bénéfice lui permettra de payer son prêt et aussi aider la grande famille 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.

Tags

About Mali

  • $1,200
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Noupagagnon I Group's $2,050 loan helped a member to purchase agricultural inputs.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 14, 2013
Listed
Aug 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014