Total loan: $1,350
Weyetie 8 Group
Koromorosso, , Mali / Agriculture
Flag of Mali
Weyetie 8 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to cover her plowing costs and buy agricultural inputs, small farming equipment and seeds.
Weyetie 8 Group's story
The ten members of the WEYETIE 8 group are married women and they are, on average, 31 years old with three children each. They all live in traditional families in Koromorosso, a village located in the commune of Kava, Cercle of San (fourth administrative region of Mali). They work with Kiva's partner, the micro-finance institution Soro Yiriwaso, in order to successfully carry out their farming activities during the rainy season. They are on their fourth loan with the institution and have duly repaid their previous loans. Fanta Madou, a member of the group, is a millet farmer. In the photo, she is in the standing row, second from the left. She is planning to use her loan to buy some agricultural inputs, seeds, small farming equipment, and also to cover her plowing costs to maintain one-and-a-half hectare of land. After the harvest, she will sell her crop to male and female customers in her village and in San. She is expecting to make an average profit of 118,000 CFA francs at the end of the planting season. She will use her profit to repay her loan and to help her husband with the day-to-day expenses.