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Guinekanda 3 Group
In this Group: Korka , Dénné G., Aïssa, Anta , Djénéba, Dénné , Anta , Fatouma, Fatouma *, Djénéba*
* not pictured
The members of the Guinekanda 3 group are married women with an average age of 43 and, on average, 6 children, who all live in polygamous families in Bandiara, the 5th administrative region of Mali. 90% of the Bandiara region is made up of cliffs and the women's main activity is onion growing and producing shallots and derivative products. The women transport the arable soil to higher ground in order to make boards on which to grow their produce. They are working with Soro Yiriwaso in order to be able to carry out their agricultural activities at the end of the rainy season. They are on their second loan from the institution, having properly repaid the first.

Dénné, sitting first on the left in the picture, mainly grows onions. She plans to use her loan to buy seeds and fertilizer. After the harvest, the produce is sold in the village and in Bandiara to a clientèle made up of men and women. She expects to make a profit of 42 000 francs by the end of the season. This profit will allow her to support her husband with the family expenditures (children's education, health, food) and to buy small ruminants and poultry. The rest will be reinvested in her business.
Les membres du groupe GUINEKANDA 3 sont toutes des femmes mariées ayant une moyenne d’âge de 43 ans, 6 enfants et vivant toutes dans des familles polygames à Bandiagara, 5ème région administrative du Mali.
Bandiagara est une localité constituée à 90% de falaise où les femmes ont comme activité principale la culture d’oignon et de sa transformation en échalote et sous produits. Les femmes transportent de la terre arable sur les hauteurs afin de confectionner leurs planches destinées à leurs pratiques agricoles.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités maraîchères en cette fin d’hivernage.
Elles sont à leur deuxième prêt avec l’institution, après avoir correctement remboursé le premier.
La spéculation cultivée est essentiellement l’oignon avec Dénné assise en première position de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter de la semence et des engrais. La production est vendue au niveau du village et de Bandiagara, après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 42.000 Francs CFA en fin de campagne Ce bénéfice lui permettra d’aider son mari dans les dépenses familiales (scolarisation des enfants, santé et nourriture), achat de petits ruminants et vollailes et investir le reste dans les activités.

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
  • 30
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 476.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Guinekanda 3 Group's $1,075 loan helped a member to buy fertilizer and seeds.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 6, 2013
Listed
Oct 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014