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Jantoyerela  C Group
In this Group: Abdoulaye , Lassana , Diakalia , Abdoulaye K
The four members of the Jantoyerela C group are married men who on average are 41 years old with seven children, mostly living in traditional families in Niantanso, a village in the circle of Sikasso, the third administrative region of Mali.

They have been working with the Soro Yiriwaso micro-finance institution to carry out their farming activities during the rainy season. They are on their eighth maize-growing loan cycle with the institution, and all previous loans have been fully repaid.

The selected crop is maize featuring Mr. Diakalia, standing in the second position from right to left in the photo of this Jantoyerela C group of men. He intends to use the loan to buy ten 50-kilo bags of fertilizer, 17 cans of different kinds of herbicide, and pay for tilling to maintain two and a half hectares (about 6.18 acres).

After harvest the crop is sold at village level and in Sikasso, to a clientele composed of men and women, for cash and on credit. He expects to achieve an average profit of 205,000 CFA francs per growing season.

This profit will enable him to pay off part of the loan and interest, and on the other hand help with the family's daily expenses.
View original language description ↓
Les 4 membres du groupe JANTOYERELA C sont des hommes mariés ayant une moyenne d’âge de 41 ans, ont en moyenne 7 enfants et vivant la plupart dans des familles traditionnelles à NIANTANSO un village dans le cercle de SIKASSO 3ème région administrative du MALI.
Ils collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Ils sont à leur huitième prêt de production de maïs avec l’institution de microfinance soroyiriwaso, les prêts antérieurs ont été bien remboursés.
La spéculation cultivée est le maïs avec monsieur DIAKALIA débout à la deuxième position de la droite vers la gauche sur la photo dans ce groupe d’homme JANTOYERELA C .
Avec son prêt, il compte acheter 10 sacs de 50 kg d’engrais, 17 bidons d’herbicide de qualité différente , payer les frais de labour pour entretenir 2,5 hectares.
Après la récolte la production est vendue au niveau du village, à SIKASSO à une clientèle composée d’hommes et de femmes au comptant et à crédit.
Il compte réaliser un bénéfice moyen de 205.000 francs CFA par campagne.
Ce bénéfice lui permettra d’une part de payer son prêt et son interêt d’autre part de contribuer dans les dépenses quotidiennes de la famille.

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.

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About Mali

  • $1,200
    Average annual income
  • 37
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 484.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Expired
A portion of Jantoyerela C Group's $1,050 loan helped a member buy fertilizer, herbicide, and pay for tilling.
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 29, 2014
Listed
Jun 16, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 16, 2014