Funded

Total loan: $900
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Obenikina 3 Group

Mali
Saginekan, Mali / Farming

A loan of $900 helped a member buy fertilizer, seeds and tools.


Obenikina 3 Group's story

Obenikina 3 is a group of married women from the village of Saginekan in Kimparana sub-precture in Ségou region (fourth administrative region of the Republic of Mali). They live in traditional families. On average, they are 35. Each has at least four children. They grow peanuts. Looking to make their farming more profitable, the members of the group decided to join the loan institution Soro Yiriwaso three years ago. After paying off previous loans, they are now asking for their third seasonal loan,

Napoucho D. plans to use her loan to buy as many peanut seeds as she needs, plus small tools and fertilizer. at the big market in Kimparana. . After the rainy season, the harvest will be warehoused long enough for its value to increase, before selling it at the big market in Kimparana. and other nearby markets, retail (or often wholesale) for cash to customers who mostly come from big towns.

After their produce is sold, the members of the group hope to make a profit of 35,000 FCFA each to pay the interest on the loan and ongoing family expenses.

In this group: Napoucho , Djeneba , Napoucho , Minata , Niagnere , Mangnere , Djelika , Binta , Odette , Ami Madou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Michael Briggs



Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: June 9, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: June 9, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children