Sinignessigui Iii Group
The women are partnering with the microfinance organization Soro Yiriwaso in order to further their agricultural businesses during the rainy season. They are on their third loan with the organization, the previous loans having been fully repaid.
The crop of choice for Kadiatou, pictured standing second from the left in the photo, is corn. With this loan, she plans to purchase labor, seeds, and the supplies to maintain her half hectare.
The harvest is sold at the village in Sikasso after harvesting, to a customer base made up of men and women. Kadiatou hopes to earn an average monthly profit of 105,000 francs CFA per field. This profit will allow her to pay back her loan and also to help her husband with the daily expenses.
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 KADIATOU debout en deuxième 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. 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 105.000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.
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