Ankabenkelekan 3 Group
They work with the microfinance institution Soro Yiriwaso in order to see their farming activities through the rainy season. This is their ninth loan with the institution, and their previous loans were repaid.
They grow rice and peanuts with Rokia Mamaly, who is seated in the middle of the photo. With her loan, she would like to pay for farm inputs, seeds, farming supplies, and plowing to maintain 1.5 hectares of land.
After the harvest, their crops will be sold in the village and in Koutiala to a mixed clientele. They would like to earn an average profit of 105,000 FCFA before the end of the season. The profits will allow her to pay her loan and to help her family with the daily expenses.
Elles sont à leur neuvième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est le riz et l’arachide avec Rokia Mamaly, assise au milieu sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences, des petits matériels agricoles et payer les frais de labour pour entretenir 1,5 hectare.
La production sera vendue au niveau du village et à Koutiala, après la récolte, à une clientèle mixte.
Elle compte réaliser un bénéfice moyen de 105.000FCFA en fin de 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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This loan has been fully funded!