Sinignesigui Ii Group
Peanuts and rice are the crops grown by MINATA, who is standing with a calabash in hand in the photo. With her loan, she intends to purchase farm inputs and seeds and to pay for plowing to make use of 2 hectares.
After the harvest, the produce is sold to men and women customers in the village and in BOUGOUNI. She plans on making a profit of 130,000 francs CFA per planting. The profit will enable her to pay back the loan and help her husband to cover the day-to-day expenses of their household.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles hivernale.
Elles sont à leur 10e prêt avec l’institution, les prêts passés ont été bien remboursés.
L’arachide et le riz sont les spéculations cultivées par MINATA debout avec une calebasse en main.
Avec son prêt, elle compte acheter des intrants, la semence et payer les frais de labour pour exploiter 2 hectares.
La production sera vendue au niveau du village et à BOUGOUNI, après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 130 000FCFA par campagne.
Ce bénéfice lui permettra de rembourser son prêt et d’aider son mari dans les dépenses quotidiennes de leur menage.
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