A loan of $1,350 helped a member to pay labor costs and purchase fertilizers.

Sinignessigui Ii Group's story

The ten members of the Sinignessigui II group are married women, who average 50 years of age with five children each, and who all live in traditional families in Lobougoula, one of the villages in Mali's third administrative region (Sikasso).

They collaborate with the microfinance instituiton, Soro Yiriwaso, in order to be able to carry out successfully their farming activities during the winter months. They are on their seventh farming loan with the institution and all their previous loans have been repaid in full.

Rokia, who is sitting on the far right of the photo, grows rice. With her loan she is is planning to buy fertilizers and pay labor costs for the maintenance of a hectare of land. Once it has been harvested, the crop is sold to a customer base made up of men and women.

She expects to make a monthly profit of 190,000FCFA per season. This profit will enable her to repay her loan and she will reinvest the rest in her business.

In this group: Fatoumata, Awa, Chata, Awa, Mariam, Tata, Mamou, Rokia, Dialia, Rokia

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Translated from French by Kiva volunteer Alison Le Bras

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Loan details