With a loan from Kiva, Bourama would be able to buy a semoir. A semoir is a type of agricultural equipment that plants seed and fertilizer following the modern agricultural method of micro-dosing. By using a semoir to plant his field, Bourama would be able to decrease the amount of time he spends planting his field and would be able to ensure that he follows modern methods, resulting in a larger harvest. With a larger harvest, Bourama would be able to ensure that his family has enough to eat. He also said that if he has a surplus, he would like to help make sure his neighbors have enough to eat.
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This loan theme is for myAgro's loans to smallholder farmers, who need credit to purchase precision planters, an agricultural tool. This loan will thus be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. Precision planters are plough-like devices pulled by an animal, and they are used to evenly and efficiently plant seeds and disburse fertilizer.
About myAgromyAgro is a startup nonprofit organization in West Africa that enables farmers to purchase high-quality agricultural inputs - certified seeds and fertilizer - on layaway through an SMS-based platform and a network of local vendors. Additionally, the organization helps farmers to increase their crop yields by using more effective seeding machines. Kiva lenders’ funds are used to help these farmers afford more labor-reducing and cost-effective seeding machines through loans with low interest rates so that they can increase their yields and improve their quality of life.
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