Katiereton 3 Group
The crop cultivated by this group of men is generally maize, as is the case with Soungalo. With this new loan he intends to buy agricultural entrants (fertilizer and herbicide) and small agricultural tools. The crops are sold after harvest, both in the village and at the Sikasso market, to a clientele composed of men and women.
Soungalo expects to make an average profit of 115,000 F CFA per harvest and hopes to continue his collaboration with Soro Yiriwaso. His ambition is to buy a bicycle for his children.
Ils collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Ils sont à leur deuxième collaboration avec l’institution et le prêt passé a été bien remboursé.
Les spéculations cultivées par ce groupe d’hommes sont généralement le maïs avec SOUNGALO.
Avec ce nouveau prêt, il compte acheter des intrants ( engrais et herbicide) et les petits matériels agricoles.
Les productions sont vendues au niveau du village et au marché de Sikasso après les récoltes à une clientèle composée d’hommes et de femmes.
SOUNGALO compte réaliser un bénéfice moyen de 115 000 FCFA par campagne et souhaite entretenir sa collaboration avec Soro Yiriwaso.
Son ambition est d’acheter un vélo pour ses enfants.
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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Success!! The loan was 100% repaid