A loan of $1,525 helped a member to pay agricultural labor costs and buy fertilizer and seed.

Kotognogontala Ii Group's story

The ten members of the KOTOGNOGONTALA II group are married women with an average age of 34 years, an average of four children, and most living in polygamous families in Ouéléni Fièbala, a village in the commune of Kaï in the sub-prefecture of Loulouni, in the 3rd administrative region of Mali. They work with the microfinance organization Soro Yiriwaso in order to successfully carry out their farming activities during the rainy season. They are on their fourth loan with the organization, their former loans having been paid back.

Kaniba, standing at left, cultivates peanuts. With her loan she plans to pay labor costs and buy fertilizer and seeds to maintain two hectares. The crop is sold in the village at the Loulouni market and in the Sikasso market after harvest to a customer base of both men and women. She expects to make an average profit of 165,500 FCFA per growing season. This profit will allow her to pay her loan and also to help her husband with daily expenses. She wishes to maintain this collaboration with Soro Yiriwaso in order to cultivate a larger area and earn more profit.

In this group: Kaniba , Afou , Madialia , Djeneba , Alimata , Fatoumata , Nassaran , Chata , Korotoumou , Mariam

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details