Total loan: $1,025
Sabougnouman I Group
Djambougou, Bamako Capital District, Mali / Agriculture
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Sabougnouman I Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase seeds, manure, herbicide, and sundry equipment and to pay for plowing.
Sabougnouman I Group's story
The ten members of the group "SABOUGNOUMAN I" are married women averaging 37 years of age and three children each, all living in polygamous families in Djambougou, a village in Commune de Marka Coungo, Préfecture de Dioîla, in Région de Koulikoro (2nd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso with the goal of better organizing their farm work at the start of the rainy season. The crops grown include peanuts, millet, and sesame. They are on their sixth collaboration with the institution. With this new loan, MAMA, who is the first person standing from the right, intends to purchase farm inputs and sundry equipment and to pay for plowing for maintaining about 1 hectare of millet and peanuts. After the harvest, the produce is sold in Marka Coungo City to a customer base composed of men and women. She plans on making an average profit of 50,000 francs CFA per planting.