Benkadi 1 Group
They work with the microfinance institution Soro Yiriwaso in order to better carry out their agricultural activities during the winter.
They are on their 7th agricultural loan with the institution and all the previous loans have been properly repaid.
They plan, among other things, to grow peanuts, rice, and sweet peas, as does Moussokoura, the first person sitting to the left in the photo. With her loan, she plans to buy fertilizer and to pay the labor costs necessary to maintain one hectare.
The produce is sold in the villages after the harvest to male and female customers.
She plans to make an average monthly profit of 150,000 FCFA per field.
This income will allow her to pay off the loan and also to 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 septième prêt de campagne agricole avec l’institution et tous les prêts précédents ont été correctement remboursés.
Les spéculations cultivées sont entre autre: l’arachide, le riz et le pois sucré avec MOUSSOKOURA 1ère personne à gauche de la photo position assise. Avec son prêt, elle compte acheter des intrants et payer les frais de labours pour entretenir 1 hectare.
La production est vendue au niveau du village après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 150 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