Funded

Total loan: $1,000
Powered by 15 lenders

Dembagnouma Vi Group

Mali
Wobougou, Mali / Farming

A loan of $1,000 helped a member labor, seeds, fertilizer, herbicide, and small farming equipment.


Dembagnouma Vi Group's story

The Dembagnouma VI group is composed of 8 women with an average age of 31, an average of 2 children, and they live mainly in polygamous families in Wobougou, one of the villages in the Dioïla prefecture, in the Koulikoro region, the second administrative region of Mali. They are collaborating with the microfinance institution Soro Yiriwaso in order to better organize their rainy season activities. They grow, among other crops, rice, pearl millet, peanuts, and beans. They are on their second seasonal loan and their previous loan was repaid in full. With this new loan, Soungoura D. plans on buying fertilizer and small farming equipment, and paying the labor costs involved in maintaining approximately 1 hectare of peanuts. The harvested crops are sold in Dioïla and Massigui to a client base made up of both men and women. They hope to make an average profit of approximately 40,000 francs CFA per season.

In this group: Nah , Badje , Soungoura , Afou , Ami , Aïchatou , Fatoumata , Mayira
*not pictured

Translated from French by Kiva volunteer Manuel Carreiro



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: July 16, 2010
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, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children