Funded

Total loan: $1,400
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Ouyètiè 1 (On Se Connais). Group

Mali
Koutiala, Mali / Farming

A loan of $1,400 helped a member to buy peanuts seeds, small materials, and fertilizers for the fields.


Ouyètiè 1 (On Se Connais). Group's story

Ouyètiè 1 is a group of married women who live in the Nitabogoro neighborhood in the city of Koutiala (Sikasso Region, third administrative region of the Republic of Mali). They live in large extended traditional families with their children, husbands, in-laws, etc. They average 30 years of age, and have at least 6 children. They cultivate various crops, but specialize in peanuts. Eager to make their cultures profitable, the members of the group Ouyètiè 1 decided to join the loan program of Kiva's partner, Soro Yiriwaso, two years ago. After having repaid the first loan without problem, they are now seeking their second farming loan.

The new loan will be used to buy, at the grand market in Koutiala, a sufficient quantity of peanuts seeds, small materials, and fertilizers for the fields. After the rainy season, crops are stored for a while to gain market value, before being sold at the grand market in Koutiala and in the surrounding villages, retail (often wholesale) and for cash, to a clientele usually coming from the larger cities.

After selling their production, the members of the group Ouyètiè 1 count on turning a profit of XOF 65'000 (ca US$ 140) each, to be used to repay the loan and to pay for the daily expenses of the family.

In this group: Sabine , Chitan , Ivonne , Mamou Amidou , Fatoumata , Rose , Brigite , Mariete , Apauline , Maïmouna Issa
*not pictured

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Translated from French by Kiva volunteer Patrick Stadelmann



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 5, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 5, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children