Funded

Total loan: $1,100
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Fotemogoban 2 Group

Mali
Kokouna, Mali / Farming

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


Fotemogoban 2 Group's story

The ten members of the Fotemogoban 2 Group are married women with an average age of 39, and an average of five children. They are all living in traditional families Kokouna, one of the villages in Sikasso, the third administrative region of Mali.

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

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

Bintou hopes to earn and average income of 150,000 FCFA per agricultural cycle. The income she earns will allow Bintou to repay her loan and help her family pay for their daily expenses.

In this group: Bintou , Maimouna K, Kokia , Kamaga , Sitan , Oumou , Rokia , Sanata , Agatta , Fatoumata
*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 14, 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 14, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children