Funded

Total loan: $1,100
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Kobada 4 De (Kobada Nokabougou) Group

Mali
Fana , Mali / Farming

A loan of $1,100 helped a member labor, fertilizer, herbicide, weeding, and minor supplies and equipment.


Kobada 4 De (Kobada Nokabougou) Group's story

The ten members of the group KOBADA 4 are married women who average 34 years of age and 4 children.  The women living for the most part in polygamous families in the village of NOKABOUGOU, in the community of Tingolé, sub-prefecture of FANA, (2nd administrative region of Mali).

They are in a partnership with the micro-finance institution Soro Yiriwaso with the goal of obtaining financial support to carry out their winter-time work, which includes growing sorghum, peanuts, and beans.  They are on their fifth experience with the institution.  The past loans were correctly repaid.

This new loan will be used to buy fertilizer, herbicide, and minor farm supplies and equipment and will cover the cost of weeding and labor for maintaining 21 hectares.

A portion of their production is for their own consumption.  The other portion is sold to customers composed of men and women at the marketplaces of Tingolé, Marka-Coungo, and Fana.

The group members plan on realizing an average profit of 40,000 francs CFA after the planting season.

In this group: Bagnele, Mariam , Awa Sanoussi , Maman , Djeneba , Sirantou , Coumbaty , Sitan Badie , Gnesoun , Bintou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



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