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Heremakono Iii Group
In this Group: Fatoumata, Djeneba , Ramatou Zoumana , Chata , Diatou , Chata , Djeneba
The members of the HEREMAKONO III group are married women who are, on average, 33 years old with four children each. They all live in polygamous families in Kotla, one of the villages of the Fakola commune (third administrative region of Mali).

They have joined the microfinance institution Soro Yiriwaso in order to successfully carry out their farming activities during the rainy season. This is their second loan with the institution, and their previous loan was duly repaid.

Fatoumata, a member of the group, grows groundnuts. In the photo, she is in the standing row, first from the left.

She plans to use her loan to buy some farm inputs and seeds, and to cover the cost of plowing to maintain two hectares (4.9 acres) of land.

After the harvest, she sells her crop in her village and in Fakola, to a customer base consisting of men and women.

She is expecting to make an average profit of 150,500 CFA francs per growing season. This profit will allow her to repay her loan and to help her husband with the household's daily expenses.
View original language description ↓
Les membres du groupe HEREMAKONO III sont des femmes mariées ayant une moyenne d’âge de 33 ans, 4 enfants et vivant toutes dans des familles polygames à KOTLA, un des villages de FAKOLA, 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 deuxième prêt avec l’institution, le prêt passé a été bien remboursé.
La spéculation cultivée est l’arachide avec FATOUMATA 1ère debout à gauche sur la photo.
Avec son prêt, elle compte acheter des intrants, la semence et payer les frais de labours pour exploiter 2 hectares.
La production est vendue au niveau du village à FAKOLA après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 150.500FCFA 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
  • 55
    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 Heremakono Iii Group's $775 loan helped a member to buy farm inputs and seeds, and to pay for the cost of plowing during the farming season.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Aug 15, 2013
Sep 6, 2013
Currency Exchange Loss:
May 17, 2014