Benkadi 4 Group
Soutoura, who is the fourth woman standing from the left in the photo, grows groundnuts. With this loan she plans to buy farm inputs, seeds, small farm equipment and to pay the costs of labor to maintain a quarter hectare of land.
After the harvest, the crops will be sold in the villages of San and Kimparana to men and women customers. She hopes to earn 25,000 francs CFA at the end of the season. These earnings will allow her to pay back her loan and also to help her husband with the everyday 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 4er prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide Mme SOUTOURA, 4 eme femme debout de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences, des petits matériels agricoles et payer les frais de labour pour entretenir 0,25 hectare.
La production sera vendue au niveau du village et à San et Kimparana, après la récolte, à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 25.000 FCFA en fin de 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