A loan of $775 helped a member to pay for plowing, weeding, farm inputs and small equipment.

Heremakono I Group's story

The 10 members of the HEREMAKONO I group are married women who have an average age of 44 and on average five children. They mostly live in polygamous families in Nogonlon, one of the villages of the rural commune of Banco, Dioïla prefecture, Koulikoro region, second administrative region of Mali.

They collaborate with the micro-finance institution Soro Yiriwaso so as to better organize their activities at the beginning of the rainy season. The crops they cultivate are, among others, rice and peanuts. They are on their first loan with Soro Yiriwaso.

With this first loan, FATOUMATA, seated second from the right, intends to buy farm inputs and small equipment, and pay the fees for plowing and weeding to maintain 0.75 hectares of rice and peanuts.

The crops are sold at the markets of Baou, Koula, Banco and N’Golobougou, after the harvest, to a clientele composed of men and women. Fatoumata expects to make an average profit of 70,000 F CFA at the end of the crop season.

In this group: Karia , Chata , Fily , Chitan , Sata , Fatoumata , Fatoumata , Awa , Matieni , Mah Waraba

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

Lenders and lending teams

Loan details