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Kantiguiya Iii Group
In this Group: Fatoumata , Minata , Niafing , Awa Yiriba , Fatoumata , Wesse , Sata , Mamou , Sali , Oumou
The ten members of the group KANTIGUIYA III are married women, who average 48 years of age and two children each, all living in polygamous families in DIALAKOROBA, 2nd administrative region of the Republic of Mali. The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the rainy season. They are on their sixth farm loan with the institution.

The crops grown are rice and millet, as is the case with WESSE, who is the first person standing at the right in the photo. With this loan, she intends to pay for farm inputs and seeds and to cover the cost of plowing to maintain 2 hectares.

After the harvest, the produce is sold to a customer base composed of retailers and consumers in DIALAKOROBA. She plans on making an average profit of 195,000 francs CFA per planting. This profit will enable her to pay back the loan, as well as to help out her husband in meeting day-to-day expenses.
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Les 10 membres du groupe KANTIGUIYA III sont des femmes mariées ayant une moyenne d’âge de 48 ans, 2 enfants et vivant toutes dans des familles polygames à DIALAKOROBA, 2ème 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 sixième prêt de campagne avec l’institution.
La spéculation cultivée est le riz et le mil avec WESSE, 1ère personne debout de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences et payer les frais de labour pour entretenir 2 hectares.
La production est vendue au niveau de DIALAKOROBA, après la récolte à une clientèle composée de revendeurs et de consommateurs.
Elle compte réaliser un bénéfice moyen de 195.000FCFA par 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.

About Mali

  • $1,100
    Average annual income
  • 28
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 482.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Kantiguiya Iii Group's $1,575 loan helped a member to pay the cost of plowing and to purchase farm inputs and seeds.
85% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2014
Listed
Jul 11, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015