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A loan of $750 helped a member to buy farm inputs, seeds, and tools.

Noupagagnon Ii Group's story

NOUPAGAGNON II is a group of married women from the village of KAFONO, in the prefecture of SAN, Region of SÉGOU (4th administrative region of the Republic of Mali). The women live in traditional families, and they average 33 years of age and have at least four children. The group members grow peanuts.

Concerned about making their plantations profitable, the group members decided to join the loan program of the micro-finance institution Soro Yiriwaso two years ago. After properly repaying the previous loan, they are now on their second farm loan.

ROKIA, who is standing second from the right in the photo and wearing a blue boubou, intends to use her loan to buy a sufficient amount of peanut seeds, sundry supplies and equipment, and some inputs for farming. These items are purchased at the main market of Kimparana City. Following the off-season, the harvested crops are stocked for a certain time, so that they gain value. And then they are sold retail (and often in bulk) and for cash at the main market of Kimparana and at surrounding markets. The customers generally come from large cities.

After selling the produce, the group members each plan on making a profit of 14,500 to 16,000 francs CFA that will be used for repaying the loan interest and for covering typical family expenses.

In this group: Gnire Sibiri , Kodia , Kekaka , Brenice , Djeneba , Zere , Napagnon, Tata, Djeneba , Rokia

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Translated from French by Kiva volunteer Daniel Kuey

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Loan details