Funded

Total loan: $1,550
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Fasokounawolo I Group

Mali
Koba, Mali / Farming

A loan of $1,550 helped a member to pay for plowing, seeds, manure, herbicide, and weeding.


Fasokounawolo I Group's story

The ten members of the group Fasokounawolo I are married women who average 45 years of age and 2 children. They all live in polygamous families in Koba, a village in the Commune of Massigui, Prefecture of Dioïla, Region of Koulikoro (2nd administrative region of the Republic of Mali). The women are collaborating with the micro-finance institution Soro Yiriwaso with the goal of organizing their work better at the start of the off-season. The crops grown are pearl millet, rice, and peanuts. The group members are on their fifth collaboration with the institution.

With this new loan, SATA, who is the group's president and the first one standing at the right (in the photo), intends to buy farm inputs and to pay for plowing and weeding in order to maintain about 0.7 hectare of pearl millet and peanuts.

After the harvests, the produce is sold in the city of Massigui to a customer base composed of women and men. SATA plans on making an average profit of about 70,000 francs CFA at the end of the planting season.

In this group: Djeneba , Djessira , Zegne , Gnesso , Sata Maro , Sata Maro , Sabou , Sata Yacouba , Oumou , Ramatou Noumoutenin
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 8, 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: June 8, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children