Funded

Total loan: $800
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Wolale Bamana 2 Group

Mali
Cinzara, Mali / Farming

A loan of $800 helped a member to buy agricultural inputs, seeds and small farming equipment.


Wolale Bamana 2 Group's story

The Wolale Bamana 2 group consists of ten married women from the village of Cinzara in the San prefecture of Ségou (fourth administrative region of the Republic of Mali). They are all married and live in traditional extended families with their husbands, children and other relatives. They are on average 47 years old with at least eight children.

They grow peanuts, fonio (a West-African cereal) and sesame. To make their farming profitable, group members decided three years ago to join the Soro Yiriwaso loan program. Having successfully repaid previous loans, they are now on their third agricultural loan cycle.

Bah, who is standing and wearing a white headscarf, wants to use her portion of the loan to buy sufficient quantities of fonio seeds and peanuts for planting, small farming equipment and agricultural inputs, from the general market in San.

After the rainy season, crops are stored for a while so that they can gain value before being resold at the general market in San, Kimparana and in surrounding markets, mostly retail against cash to resellers and a few consumers.

After selling their agricultural products each member of the group hopes to achieve profits between 16,000 and 18,000 FCFA, which will be used to repay loan interests and cover ongoing family expenses.

In this group: Saran Koni , Sanata Lassina , Mariam Louka , Clinthio , Moussokoro , Soumba , Fanta , Gnere , Bah , Rokia Chaka
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 14, 2011
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: May 14, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children