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Fassokadi Iv Group
In this Group: Afou , Fatoumata , Ramatou , Oumou , Awa , Korotoumou, Balli , Korotoumou , Minata , Rokia
The members of the FASSOKADI IV group are married women, who are, on average, 40 years old and also have an average of six children each. They all live in polygamous families in Korobarrage, one of the villages of the Sikasso region (third administrative region of Mali). They have joined the microfinance institution Soro Yiriwaso in order to successfully carry out their farm work during the rainy season. They are on their third loan with the institution and have duly repaid their previous loans.

Korotoumou, a member of the group, grows maize. In the photo, she is in the front row, in the middle of the group.

She plans to use her loan to cover the cost of plowing and to buy seeds and fertilizers in order to cultivate 0.5 hectare (1.23 acre) of land. After the harvest, she sells her crop in her village, at the market, to a customer base consisting of both men and women.

She is expecting to make a profit of 80,000 CFA francs per growing season. This profit will allow her to repay her loan and to help her husband with the daily expenses.
View original language description ↓
Les membres du groupe FASSOKADI IV sont des femmes mariées ayant une moyenne d’âge de 40 ans, 6 enfants et vivant toutes dans des familles polygames à KOROBARRAGE, 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 troisième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est le maïs avec Mme KOROTOUMOU assise au milieu sur la photo.
Avec son prêt, elle compte acheter le labour, la semence et les engrais pour entretenir 0,5. La production est vendue au niveau du village, au marché après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 80.000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari 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
  • 53
    View loans »
    Mali Loans Fundraising
  • $12,694,550
    Funds lent in using Kiva
  • 490.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fassokadi Iv Group's $825 loan helped a member to pay for plowing and to buy farm inputs and seeds.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Aug 19, 2013
Aug 30, 2013
Currency Exchange Loss:
Apr 16, 2014