Bolodobolo 2 Group
These women know one another from their farming activities during the rainy season, and through neighborhood, marriage, and family ties in the village. They grow ground nuts, millet, beans, fonio [a type of millet], and rice. With the goal of purchasing small equipment, seeds, and farm inputs, and of paying the labor costs for hoeing the fields, the group members decided to collaborate with Soro Yiriwaso and are in their fifth crop loan cycle.
Mrs. Djeneba (the first woman seated in the photo, left to right) is a leader in rainy-season farming in the village of Banankoroniwere. She plans to use her loan to purchase seeds, farm inputs, and small equipment in the village of Banankoroniwere, Ségou region, and also to pay the young people to hoe her field. She will sell her agricultural products for cash at the end of the rainy season, to repay her loan and to have some income to see to the small needs of her children, and a portion for helping her husband.
Elles se sont connues à travers leurs activités agricoles hivernales, des liens de voisinage, de mariage et de parenté dans le village. Elles font la culture d’arachide, du mil, de haricot, de fonio et du riz. Dans le but de s’acheter de petits équipements, des semences, des intrants agricoles et de payer la main d’œuvre pour le sarclage des champs, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 5ème cycle du prêt de campagne.
Madame Djeneba (la 1èRe femme assise de la gauche vers la droite dans la photo) est une grande meneuse d’activités agricoles hivernales dans le village de Banankoroniwere. Elle compte utiliser son prêt pour acheter des semences, des intrants agricoles, des petits équipements dans le village de Banankoroniwere, de Ségou et payer aussi les jeunes pour sarcler son champ. La vente de ses produits agricoles se fait au comptant à la fin de l’hivernage pour payer son prêt et afin d’avoir de revenu pour prendre en charge des petits besoins de ses enfants, et une partie pour aider son mari.
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