Benkadi A Group
The crop is: peanuts, in the case of Sanata, the second women seated from the left in the photo. With this loan, she plans on buying farm inputs and seeds and on covering the cost of plowing to maintain: 1.5 hectares.
The produce is sold in the village, at the SIKASSO market, after the harvest. The customer base is composed of men and women.
Sanata plans on making an average profit of 175,500 francs CFA per planting. The profits will enable her to pay back the loan and also to help out her husband in meeting day-to-day expenses.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur troisième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est : l’arachide avec Sanata 2ème assise de la gauche vers la droite.
Avec son prêt, elle compte acheter des intrants, la semence et les frais de labours pour entretenir : 1,5 hectares.
La production est vendue au niveau du village, au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 175.500FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.
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