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Fotemogoban 2 Group
In this Group: Bintou , Maimouna K, Kokia , Kamaga , Sitan , Oumou , Rokia , Sanata , Agatta , Fatoumata
The ten members of the Fotemogoban 2 Group are married women with an average age of 39, and an average of five children. They are all living in traditional families Kokouna, one of the villages in Sikasso, the third administrative region of Mali.

They work with the microfinance institution Soro Yiriwaso to carry out their agricultural activities during the rainy season. They are on their fourth loan cycle with the institution, and all of their prior loans have been repaid in full.

Bintou (shown in the photo standing in the center of the back row), grows crops of corn. With her ​​loan, she intends to buy agricultural inputs and seeds, and pay for the labor cost of maintaining two hectares of farmland. After the harvest, produce is sold in the village to a clientele composed of men and women.

Bintou hopes to earn and average income of 150,000 FCFA per agricultural cycle. The income she earns will allow Bintou to repay her loan and help her family pay for their daily expenses.
View original language description ↓
Les 10 membres du groupe Fotemogoban 2 sont des femmes mariées ayant une moyenne d’âge de 39 ans, 5 enfants et vivant tous dans des familles traditionnelles à Kokouna, un des villages de SIKASSO, 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 quatrième prêt avec l’institution et les prêts passés ont été bien remboursés.
La spéculation cultivée est le maïs avec Bintou debout au milieu sur la photo, elle compte acheter avec son prêt, des intrants, la semence et payer les frais de labour pour entretenir 2 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 150.000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi aider la grande famille 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
  • 496.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fotemogoban 2 Group's $1,100 loan helped a member to buy agricultural inputs and seeds, and pay for the labor cost of maintaining two hectares of farmland.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
May 14, 2013
Jun 10, 2013
Currency Exchange Loss:
Apr 16, 2014