Funded

Total loan: $1,100
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Sinignessigui I Group

Mali
Lobougoula, Mali / Farming

A loan of $1,100 helped a member to buy agricultural inputs and pay for the labor cost of maintaining one hectare of farmland.


Sinignessigui I Group's story

The ten members of the Sinignessigui I Group are married women with an average age of 43 years and an average of four children. They live in traditional families in Lobougoula, one of the villages in the third administrative region of Mali (Sikasso).

They work with the microfinance institution Soro Yiriwaso to carry out their farming businesses during the rainy season. They are on their seventh agricultural loan cycle with the institution, and all of their prior loans have been repaid in full.

Madiara (shown in the photo standing in the center of the back row), grows crops of rice. With her ​​loan, she intends to buy agricultural inputs and pay for the labor cost of maintaining one hectare of farmland. After the harvest, produce is sold in the village to a clientele composed of men and women.

Madiara expects to earn an average income of 190,000 FCFA per agricultural cycle. The money she earns will allow her to repay her loan and to reinvest in her business.

In this group: Chitan , Sali , Madiara , Maimouna, Korotoumou , Assan, Djenebou Siaka, Fatoumata, Mamou , Sali
*not pictured

Translated from French by Kiva volunteer Jane Coe



Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: May 6, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: May 6, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children