Total loan: $1,475
Bougoula, Sikasso Region, Mali / Agriculture
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Aminata's Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to cover the cost of plowing and to buy seeds and agricultural inputs.
Aminata's Group's story
The nine members of the DJIGUIGNOUMA III group are married women who, on average, are 45 years old and have six children each. They all live in polygamous families in Bougoula, one of the villages of the Sanankoroba commune (second 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. They are on their fifth loan with the institution and their previous loans have been duly repaid. The featured borrower, Aminata, grows okra. In the photo, she is in the sitting row, third from the left. She plans to use her loan to buy agricultural inputs and seeds and to pay for the cost of plowing to cultivate 0.5 hectare (1.23 acre) of land. After the harvest, she sells her crop to both consumers and resellers, in her village and at the Bougoula market. She is expecting to make a profit of 25,000 CFA francs at the end of the season. This profit will allow her to repay her loan and to help her husband cover the daily expenses.