Total loan: $750
Wassa 2 Group
Sanzana, Sikasso Region, Mali / Agriculture
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A loan helped to buy fertilizers and weed killers and to pay for labor.
Wassa 2 Group's story
The ten members of the Wassa 2 group are married women, who average 37 years of age and have an average of two children each; the majority of them live in traditional families in Sanzana, a village in the Lobougoula commune in the Sikasso circle (Mali's third administrative region). They collaborate with the microfinance institution, Soro Yiriwaso, in order to be able to carry out their farming activities successfully during the winter season, and they are on their fifth seasonal loan with the institution; the previous loans have all been repaid in full. Assanatou, who is standing on the far right of the photo of the Wassa 2 group of women, grows groundnut. With her loan she is planning to buy two 50 kilo sacks of fertilizer, a container of weed killer, and also pay for labor to maintain 0,5 hectares of land. Once harvested, the produce is sold in the village in Sikasso to a customer base made up of men and women, for cash and on credit. Assanatou expects to make an average profit of 73,000FCFA per season. This will enable her to repay her loan and the interest on it, and also to help her husband with the daily expenses.