A loan of $1,425 helped a member to pay labor costs.

Fougnegue Ii Group's story

The members of the Fougnegue II group are married women with an average age of 43 and 5 children. They all live in polygamous families in Ziangolodougou, one of the villages in Kadiolo, the third largest administrative region of Mali. They collaborate with the Soro Yiriwaso microfinance organization in order to conduct their agricultural businesses during the rainy season. They are on their third loan with the institution; the prior loans were all fully repaid. Rice is the crop planted by Latadio, who is standing in the middle of the photo. With her loan, she plans to pay the cost of labor for maintaining two hectares. After harvest, the yield is sold at the village market in Kiadolo to a clientele of resellers and consumers. She expects to earn an average monthly profit of 90,000 FCFA per season. This profit will enable her to repay her loan and also to help her husband with the daily expenditures.

In this group: Fatoumata Solo, Mariam , Gninouri, Bintou Solo , Mariam Fatogoma , Mariam Yacou , Latadio , Mah Bourama , Maimouna Yaya , Kadia

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Translated from French by Kiva volunteer Frances Hsieh

Loan details

Lenders and lending teams

Loan details