Sabougnouma 3 Group
They cooperate with the Soro Yiriwaso micro finance institution in order to successfully complete their agricultural activities during the winter.
This is their second loan from the institution, the previous loan was correctly repaid.
The main product cultivated by Djeneba is sorghum, she is standing in the middle.
With her loan she plans to buy soil products and fertiliser and pay the costs for labour to maintain one hectare.
After harvesting, the production is sold in the village and at the market in SIKASSO, to a clientele of men and women.
She hopes to make an average profit of 95.000FCFA for each piece of land.
This profit will enable her to pay for her loan and help her husband with daily 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 deuxième prêt avec l’institution, le prêt précédent a été bien remboursé.
La spéculation cultivée est essentiellement le sorgho avec Djeneba debout au milieu.
Avec son prêt, elle compte acheter des intrants et payer les frais de labours pour entretenir 1hectare.
La production est vendue au niveau du village et au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 95.000FCFA 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