Funded

Total loan: $1,100
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Kobada 2 De (Kobada Nokabougou) Group

Mali
Fana , Mali / Farming

A loan of $1,100 helped a member labor, fertilizer, herbicide, hoeing et small farm equipment.


Kobada 2 De (Kobada Nokabougou) Group's story

The KOBADA 2 group is made up of ten married women who have an average age of 40 and 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. The members of this group are in partnership with the Soro Yiriwaso micro finance institution with the goal of having financial support to practice their winter occupation which is, among other activities, the cultivation of sorghum, peanuts and beans. This is their fifth experience with this institution, and all 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 23 hectares. They will consume one part of their goods and the other part will be sold in the Tingolé, Marka-Coungo et 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: Kounbaty , Fatoumata , Bolo , Nah , Oumou , Sali , Niakoro , Mandien , N’Ze , Awa Drissa
*not pictured

Translated from French by Kiva volunteer Heather Nicholson



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: July 16, 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: July 16, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children