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Sy-Sikasso-02087 Group
In this Group: Safiatou , Adiaratou , Minata , Fatoumata , Adiaratou , Mawa , Maramou , Kadia , Bintou, Mamou
The members of the SABOUGNOUMA III group are married women aged 40 and with six children on average, and all living in traditional polygamous families in Korobarrage, one of the villages in Sikasso, the third administrative region of Mali. They collaborate with the microfinance institution Soro Yiriwaso in order to run their agricultural businesses during the rainy season. They are on their third loan with the institution, and their past loans have been repaid in full. Madame Bintou, seated second from the right in the photo, cultivates corn. With her loan, she will pay for labor and agricultural inputs and seeds. Her produce is sold in the village, in Sikasso, after the harvest, to men and women. She aims to make a profit of 50,000 francs CFA per year. This profit will allow her to repay her low and also to help her husband with everyday expenses.
Les membres du groupe SABOUGNOUMA III sont des femmes mariées ayant une moyenne d’âge de 40 ans, 6 enfants et vivant toutes dans des familles polygames à KOROBARRAGE, 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 troisième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est le maïs avec Mme BINTOU assise en deuxième position de la droite vers la gauche sur la photo.
Avec son prêt, elle compte acheter le labour, la semence et les engrais pour entretenir 0,5. La production est vendue au niveau du village, à SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 50.000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari 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

  • $1,200
    Average annual income
  • 33
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 491.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Sy-Sikasso-02087 Group's $775 loan helped a member to pay for labor and agricultural inputs and seeds.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 19, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014