Funded

Total loan: $1,125
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Kankeletigui 7 Group

Mali
Dembela, Mali / Farming

A loan of $1,125 helped a member to buy farm supplies and to pay for plowing.


Kankeletigui 7 Group's story

KANKELETIGUI 7 us a group of six women who are all married. They are from the village of Dembela in the prefecture of NIENA, Region of SIKASSO (3rd administrative region of the Republic of Mali). They 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 four children each, and they grow peanuts, rice, Bambara peas, sweet peas, 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 they become valuable following the off-season. And then they are sold retail for cash at the main market of NIENA and at surrounding markets to a customer base of people generally from large cities.

AWA 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: Maimouna , Tenin , Mariam , Kadiatou , Awa , Djeneba S
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: May 10, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: May 10, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children