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Siningnessigui 1 Group
In this Group: Kebedio , Fatoumata , Abi , Sali , Mama , Bere , Abiba , N'gnele , Nabitou , Worokia Yaya
The 10 members of the Siningnessigui 1 group are married women with an average age of 42, on average 5 children and who all live in traditional family settings in Dialakorosso, one of the villages in Kadiolo, 3rd administrative region of Mali. They are working together with the microfinance institution Soro Yiriwaso so that they are able to carry out their farming activities during the rainy season. This is their 8th loan with the institution, and their previous loans have all been correctly repaid.

Kebedio, standing in the picture, with the white t-shirt on and carrying the rake, farms rice. She plans to use her loan to buy the agricultural inputs she needs to maintain her 1.5 hectares of farmland. She sells her produce after it's harvested in the village and the Kadiolo market, to a clientele made up of men and women. She expects to make an average profit of 100 000 francs per crop cycle. The profits will enable her to repay her loan and support her husband with the daily expenditures.
Les 10 membres du groupe Siningnessigui 1 sont des femmes mariées ayant une moyenne d’âge de 42 ans, 5 enfants et vivant toutes dans des familles traditionnelles à Dialakorosso, un des villages de Kadiolo, 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 huitième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est : le riz avec KEBEDIO, debout en T shirt blanc, houe au cou, sur la photo.
Avec son prêt, elle compte acheter des intrants entretenir : 1,5 hectare.
La production est vendue au niveau du village, au marché de Kadiolo, après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 100.000FCFA 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
  • 59
    View loans »
    Mali Loans Fundraising
  • $12,694,675
    Funds lent in using Kiva
  • 512.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD