Total loan: $1,675
Yeredon B Group
Foh, , Mali / Agriculture
Flag of Mali
Yeredon B Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy seeds and agricultural inputs.
Yeredon B Group's story
The members of the Yeredon B group are married women with an average age of 31 and, on average, 4 children, who all live in polygamous families in Foh, one of the villages in Sikasso, the third administrative region of Mali. They are working with the Soro Yiriwaso microfinance institution in order to be able to carry out their farming activities during the rainy season. This is their 6th loan from the institution and their previous loans have been correctly repaid. Afou, standing in the middle of the picture, grows sorghum. She plans to use her loan to buy agricultural inputs and seeds needed for the cultivation of 1.5 hectares of farmland. After the harvest, the produce will be sold in her village and at the Sikasso market to a clientèle composed of men and women. She expects to make an average profit of 150 000 francs per crop cycle. This profit will allow her to repay her loan and to support her husband with the daily living expenses.