A loan of $1,450 helped a member planting, farm supplies, and the cost of labor.

Komadia 1 De Sogola Group's story

Composed of ten married women, the group KOMADIA 1 has members averaging 42 years of age and 6 children. The women all live in traditional extended conjugal families with their brothers, sisters, children, and spouses in the village of SOGOLA, in the town of BOUGOUNI, belonging to the 3rd administrative region of the Republic of Mali.

These women know one another by ties of marriage. To maintain their farms better, in order to improve their production, they decided to join the micro-finance institution Soro Yiriwaso. They are now on their fifth farm loan. All the preceding ones have been correctly repaid.

With this loan, they intend to buy 15 sacks of fertilizer, including 10 sacks of a blend for grains, 5 sacks of urea, 200 kg of peanut seeds, and plowing services to work the fields (namely 4 hectares of peanuts and 3 hectares of corn). All farm supplies will be purchased at the BOUGOUNI marketplace.

At the end of the planting campaign, the group members plan on a total production of 3 tonnes of peanuts and 9 tonnes of corn. Home consumption will take up a portion of this production, and the rest will be sold in cash at the BOUGOUNI marketplace in order to allow for the repayment of the loan and for covering certain family expenses.

These women hope to obtain a profit of 350,000 francs CFA at the end of the planting campaign. The profit will be used towards the costs of raising children.

In this group: Kadia Ali, Dandjo , Rachelle , Minata Daouda , Bandjan , Maramou Baba , Banan , Bintou , Minata Broulaye , Fatoumata

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details