With the goal of having agricultural inputs [fertilizers etc] available to them at the beginning of the rainy season, they have joined Soro Yiriwaso and are now on their third agricultural cycle loan. The group members want to cultivate peanuts, millet and “niébé” [a type of black beans].
Mrs. Bako (the one seated in the middle) plans to use her loan in order to buy two bags of fertilizers, 30 kg [66 lbs] of peanuts and to pay the cost of labor and weeding on her millet field. She buys agricultural inputs at the market of Segou and recruits laborers from the young people’s association at her village. With a field of two ha [about 5 acres], she hopes to produce five bags of millet, 15 bags of peanuts, 1 bag of niébé beans as well as their haulms. One part of her millet, peanuts and niébé produce, as well as niébé haulms, will be sold in order to cover some everyday household expenditures, with the rest consumed by the family.
Dans le but d’avoir des intrants agricoles à leur disposition en début d’hivernage, elles ont fait recours à Soro Yiriwaso et sont à leur 3ème cycle de prêt de campagne. Les membres du groupe vont cultiver l’arachide, le mil et le niébé.
Madame Bako (femme assise au milieu) compte utiliser son prêt pour acheter 2 sacs d’engrais, 30kg de semences d’arachide et utiliser la main d’œuvre pour labourer et sarcler son champ de mil. Elle se ravitaille en intrants agricoles à la foire de Ségou et en main d’œuvre avec l’association des jeunes du village. Avec une superficie de 2 hectares, elle espère produire 5 sacs de mil, 15 sacs d’arachides, 1 sac de niébé et des fanes; En plus des fanes de niébé, une partie de la production de mil, d’arachide et de niébé sera vendue pour gérer les petites dépenses du foyer au quotidien tandis que le reste serait auto consommé en famille.
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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