A loan of $700 helped a member to buy farm supplies and to pay for plowing.

Kankeletigui 6 Group's story

The group KANKELETIGUI 6 is an association of married women from the village of Dembela in the prefecture of NIENA, Region of SIKASSO (3rd administrative region of the Republic of Mali). The group is comprised of five women who live in large, traditional extended families with their children, husbands, parents-in-law, sisters-in-law, etc. The group members average 31 years of age and five children each, and they grow peanuts, rice, and millet.

Concerned about make their farms profitable, the group members decided to join the loan program of the micro-finance institution Soro Yiriwaso. At the main market of Dembela, the current loan will be used to pay for: labor for plowing; a sufficient quantity of seeds to plant peanuts and rice; sundry supplies and equipment; and fertilizers and the like for raising crops.

The crops are stocked up for a while, so that become valuable following the off-season. And then they are sold at the main market of NIENA and at surrounding markets. Cash or credit is accepted from a customer base of people from large cities in general.

ROKIA intends to spend her loan on: a sack of urea, 2 sacks of cereal-blend fertilizer, and the labor for plowing and weeding. She envisions making a monthly profit of 15,000 to 20,000 francs CFA that will be used to repay the loan and to cover typical family expenses.

In this group: Rokia Yafele, Fanta, Adiaratou, Djeneba K, Minata

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Translated from French by Kiva volunteer Daniel Kuey

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