A loan of $1,550 helped a member to pay for agricultural supplies and labor costs.

Nadiegueton 3 Group's story

The Nadiegueton 3 group is composed of five married men who are on average 43 years old with four children. They live in polygamous families in Flazambougou, one of the villages in Sikasso township, located about 8 miles from the city of Sikasso, Mali's third administrative region.
They collaborate with the Soro Yiriwaso microfinance institution to complete their agricultural activities during wintering. They are on their third loan with the organization, previous loans having been repaid correctly.
The main cultivar in which they deal is corn.
With his loan, Brehima plans on purchasing 200 kilos of fertilizer, 4 cans of herbicide, and small equipment; it will also pay for routine weeding expenses.
Production is sold after the harvest to a clientele composed of men and women, at the village level, at the Sikasso market.
Brehima plans on making an average benefit of 90,000 CFA per cultivation cycle. His benefits will allow him to pay back his loan and to carry out the family's social events.
He wishes to maintain this collaboration with Soro Yiriwaso and its partner Kiva in order to operate an even larger cultivation space, the better to increase his profits.

In this group: Brehima, Ousmane, Daouda, Daouda, Siaka

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Translated from French by Kiva volunteer Charlotte Buecheler

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