Ambatiessiri Iii Group
They are on their seventh loan with the organisation.
With this loan, Madame Fatoumata, the third person standing (from left to right) in the back row, aims to pay the costs of labour and hoeing, as well as purchasing seeds, fertiliser, herbicide and other basic tools in order to manage her 1 hectare peanut field. After cultivation, the crops are sold for cash in Konobougou. She aims to realise an average monthly profit of 80,000 FCFA per harvest which will partly be reinvested in the business.
The women of the Ambatiessiri III group have indicated that they are happy with their collaboration with Soro Yiriwaso and have confidence in a strong and fruitful agricultural harvest.
Les femmes du groupe AMBATIESSIRI III collaborent avec Soro Yiriwaso à fin de mieux organisé leurs activités hivernales. Les spéculations cultivées sont entre autres (mil, arachide, sésame, haricot etc.)
Elles sont à leur septième collaboration avec l’institution.
Avec ce prêt, Madame FATOUMATA, troisième personne de la gauche vers la droite dans le rang des debout, compte payer ses frais de labour, de sarclage, acheter de la semence, de l’engrais, de l’herbicide et autre petit équipement pour entretenir son champ d’environ 1 hectare d’arachide.
A la fin de la campagne, les productions sont vendues en espèce à Konobougou.
Elle envisage réalise un bénéfice moyen de 80 000F CFA par campagne qui sera en parti investi dans le commerce.
Les femmes du groupe AMBATIESSIRI III se disent satisfaites de leur collaboration avec Soro Yiriwaso et portent toute leur confiance pour une agriculture durable et fructueuse.
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!