A loan of $1,150 helped a member to pay for plowing and to buy farming inputs.

Sinignessigui Iii Group's story

The SINIGNESSIGUI III group consists of ten married women who are, on average, 37 years old and also have an average of four children each. They all live in traditional families in Lobougoula, one of the villages of the third administrative region of Mali (Sikasso region).

They have joined the microfinance institution Soro Yiriwaso in order to successfully complete their farming activities during the rainy season. They are on their seventh farming loan with this institution, and all their previous loans have been duly repaid.

Awa (the featured borrower) cultivates groundnut. In the photo, she is in the middle of the standing row. She plans to use her loan to buy farming inputs and to pay for the cost of plowing on one hectare of land (2.47 acres).

After the harvest, Awa sells her crop to men and women, in her village.

She is expecting to make an average profit of 120,000 CFA francs per season, an amount which will allow her to repay her loan and reinvest in her business.

In this group: Waraba , Awa , Doussou , Ami , Maminata , Setou , Adiara, Korotoumou , Setou, Koura

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Translated from French by Kiva volunteer Sophie Narayan

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