Check out some available loans that are similar to this one!
Ankabenkelekan 8 Group
In this Group: Mariam Mamoutou, Kadia , Kadia , Rokia Marifou , Bintou Fousseyni , Sitan Djibril , Minata , Salimata Tidiane , Koro Nafo, Mamou Siaka
The ten members of the Ankabenkelekan 8 Group are married women with an average age of 38 and an average of four children each. They all live within traditional family frameworks in Fonfona, one of the villages of Koutiala, the third administrative region of Mali. They are collaborating with the Soro Yiriwaso microfinance institution so that they can see through their agricultural activities during the winter period. This is their ninth loan with Soro Yiriwaso, with whom their previous loans were paid back in full. The group's main produce is rice and peanuts. The group's representative is Minata, the woman sitting in the middle of the front row in the photo. With this loan, she is planning on purchasing farming inputs, seeds and agricultural materials, as well as paying for the labour costs involved with hoeing two hectares of land. After the harvest, the produce will be sold on a village level as well as around Koutiala to a customer base made up of both men and woman. She is planning on making an average profit of 205,000 FCFA by the end of the season. These profits will allow her to pay off the loan. They will also allow her to aide her husband with their daily living expenses.
View original language description ↓
Les 10 membres du groupe Ankabenkelekan 8 sont des femmes mariées ayant une moyenne d’âge de 38 ans, 4 enfants et vivant toutes dans des familles traditionnelles à Fonfona, un des villages de Koutiala, 3ème région administrative du Mali. Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
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 Minata, 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 et de sarclage pour entretenir 2 hectares.
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 205.000FCFA en fin de campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

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.

Tags

About Mali

  • $1,200
    Average annual income
  • 6
    View loans »
    Mali Loans Fundraising
  • $9,897,325
    Funds lent in using Kiva
  • 484.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Ankabenkelekan 8 Group's $1,375 loan helped a member to pay for labour costs, seeds, farming inputs and agricultural materials.
0% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2014
Listed
Jul 28, 2014
Currency Exchange Loss:
Possible