A loan of $1,625 helped a member to pay for the cost of plowing, to buy agricultural inputs, small farming equipment and seeds.

Allakabo 1 Group's story

The ten members of the Allakabo 1 group are married women who, on average, are 47 years old and have seven children each. They all live in traditional families in Sincina Kinisso, one of the villages of Koutiala, third administrative region of Mali.

These women are working with the Soro Yiriwaso microfinance institution in order to carry out their agricultural activities during the rainy season.

This is their seventh loan with the institution. Previous loans have been duly repaid.

Fanta Alou grows groundnut; in the photo, she is in the standing row, second from the left.

With her loan, she is planning to buy some agricultural inputs, seeds, small farming equipment, and to pay for the cost of plowing on one hectare of land.

After the harvest, the crop will be sold in the village and at the Koutiala market, to a customer base consisting of men and women.

Fanta Alou is expecting average profits to reach 140,000 CFA francs at the end of the season.

These profits will help her to pay off her loan and also to assist her husband with the daily expenses.

In this group: Fanta Alou , Kadiatou Ousmane , Kadia Sekou , Diarra , N’Djiadio , Setou , Wassa, Fanta , Barakissa, Diarra Solo

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Translated from French by Kiva volunteer Sophie Narayan

Loan details

Lenders and lending teams

Loan details