A loan of $1,025 helped a member labor, fertilizer, herbicide, hoeing et small equipment.


Kobada 1 De (Kobada Nokabougou) Group's story

The ten members of the KOBADA 1 group are married women who are on average 59 years old and have an average of 6 children. The majority live in polygamous families in the village of NOKABOUGOU, in the commune of Tingolé, in the sub prefecture of FANA, in the second administrative region of Mali.
They are in partnership with the Soro Yiriwaso micro finance institution with the goal of having financial support to practice their winter occupation. Among their activities is the cultivation of sorghum, peanuts, and beans. This their fifth experience with this institution and all of the previous loans have been correctly repaid.
This new loan will be used to buy fertilizer, herbicide and small farm equipment, and to pay the hoeing and labor expenses to maintain 20 hectares.
They will consume one part of their goods and the other part will be sold in the Tingolé, Marka-Coungo and Fana markets to a clientele made up of men and women.
They count on making an average profit of 40,000 CFA francs after the campaign.

In this group: Hawa , Gnadia , Sanata , Kafoune , Bamina , Hawa Bouakar , Dassoun , Dah , Fatoumata , Malado

Translated from French by Kiva volunteer Heather Nicholson



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Loan details