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Soro Yiriwa Group
In this Group: Abou , Salia , Mahamadou
The three members of the group SORO YIRIWA are married men, who, on average, are 30 years old and have three children each. They all live in traditional families at LOBOUGOULA, a village in Sikasso, the third administrative region of Mali. They work with the microfinance institution Soro Yiriwaso to carry out their agricultural activities during the rainy season. They are on their second crop loan with the institution and the previous loan was fully repaid. The primary crop is corn.

MAHAMADOU (the middle of the photo) intends to use his loan for buy fertilizer to maintain two hectares. The crops are divided into two parts - one is reserved for food and the other is sold after harvest at the village to a clientele composed primarily of men. He earns an income of 250.000 f CFA at the end of the season. This income will enable him to repay his loan and help cover his family's daily expenses.
View original language description ↓
Les trois membres du groupe SORO YIRIWA sont des hommes mariés ayant une moyenne d’âge de 30 ans, 3 enfants et vivant tous dans des familles traditionnelles à LOBOUGOULA, 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 deuxième prêt de campagne agricole avec l’institution et le prêt précédent a été correctement remboursé. La spéculation cultivée est le maïs.
Pour MAHAMADOU au milieu de la photo, 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 après la récolte à une clientèle composée essentiellement des hommes.
Il compte réaliser un bénéfice de 250.000FCFA 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.

About Mali

  • $1,100
    Average annual income
  • 5
    View loans »
    Mali Loans Fundraising
  • $11,609,175
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD