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Fasokadi 3 Group
In this Group: Minata, Awa , Fatoumata, Abatou , Aminata, Kouta , Kadidia H , Nana , Aminata, Fatouma
The ten members of the FASOKADI 3 group are married women, who are on average 37 years old and have on average 5 children, and who live for the most part in traditional families in KOROBARRAGE, a village in the KOUORO commune in the SIKASSO circle, the third administrative region of MALI. They are collaborating with microfinance institution Soro Yiriwaso in order to build up their agricultural businesses during the rainy season. They are on their fourth seasonal loan with microfinance institution Soro Yiriwaso, and the previous loans were properly repaid. The crops grown are peanuts with Mrs. ABATOU, standing second from the right in the photo in this women’s group FASOKADI 3. With this loan, she plans to buy three 50-kg sacks of fertilizer and two containers of herbicide and to pay for labor to maintain 0.75 hectares. After harvest, the goods are sold at the village in SIKASSO to a clientele composed of men and women for cash or credit. She plans to earn a monthly profit of 98,000 FCFA per season. This profit will allow her to repay her loan with interest and to help her husband with the family’s daily expenses.
View original language description ↓
Les 10 membres du groupe FASOKADI 3 sont des femmes mariées ayant une moyenne d’âge de 37 ans, ont en moyenne 5 enfants et vivant la plupart dans des familles traditionnelles à KOROBARRAGE un village dans la commune de KOUORO dans le cercle 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 quatrième prêt de campagne avec l’institution de microfinance soro yiriwaso, les prêts antérieurs ont été bien remboursés.
La spéculation cultivée est l’arachide avec madame ABATOU débout à la deuxième position de la droite vers la gauche sur la photo dans ce groupe de femme FASOKADI 3.
Avec son prêt, elle compte acheter 3 sacs de 50 kg d’engrais, 2 bidons d’herbicide, payer les frais de labour pour entretenir 0, 75 hectare.
Après la récolte la production est vendue au niveau du village, à SIKASSO à une clientèle composée d’hommes et de femmes au comptant et à crédit.
Elle compte réaliser un bénéfice moyen de 98 000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et son intérêt, 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
  • 57
    View loans »
    Mali Loans Fundraising
  • $12,694,675
    Funds lent in using Kiva
  • 480.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Fasokadi 3 Group's $1,200 loan helped a member to buy fertilizer and herbicide and to pay for labor.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Jun 19, 2014
Jul 16, 2014
Currency Exchange Loss:
Apr 17, 2015