The ten women of Horonya 4 are all married in traditional families. They are on average 42 years old and have four children. They all live in the Kondia village in the Ségou region (4th administratrive region of Mali). They know each other from their winter farming, their neighborhood connections, their marriages, and through family in the village. They farm peanuts, millet, and rice. In the goal of buying small equipment and agricultural resources, the group members went to Soro Yiriwaso and are on their 3rd loan. Mrs. Kadia (3rd seated woman in the middle of the photo) is a leading winter farmer in the village of Kondia. She plans to use her loan to plow her field, to buy seed and fertilizer, and to pay young workers to weed her field. She sells her products for cash at the end of the winter to repay her loan and to be able to save up to pay the expenses of her children and her family.
Les dix femmes de Horonya 4 sont toutes mariées dans les familles traditionnelles. Elles ont en moyenne 42 ans et 4 enfants. Elles vivent toutes dans le village de Kondia dans la région de Ségou (4ème région administrative du Mali). Elles se sont connues à travers leurs activités agricoles hivernales, des liens de voisinage, de mariage et de parenté dans le village. Elles font la culture d’arachide, du mil et du riz. Dans le but de s’acheter de petits equipements, de s’approvisionner en intrants agricoles, les membres du groupe ont connu Soro Yiriwaso et sont à leur 3ème cycle du prêt de campagne.
Madame Kadia (3ème femme au milieu parmi les assises dans la photo) est une grande meneuse d’activités agricoles hivernales dans le village de Kondia .Elle compte utiliser son prêt pour labourer son champ, s’acheter des semences et d’engrais puis payer les jeunes pour sarcler son champ. La vente de ses produits agricoles se fait au comptant à la fin de l’hivernage pour payer son prêt et afin d’avoir de revenu pour prendre la charge des enfants, et une partie de celle de la famille.
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.