A loan of $900 helped a member to pay for the cost of labor and buy agricultural inputs and seeds.

Djiguignouma I Group's story

The nine members of the Djuguignouma I group are married woman. On the average, they are 42 years of age, with five children. They all live in polygamous families in Bougoula, a village in Sanankoroboa, the second administrative region of Mali. They collaborate with the Soro Yiriwaso microfinance institution in order to better manage their agricultural activities during the rainy season. They are on their fifth loan with this institution, having duly repaid their prior loans.

They grow peanuts, which is what Maimouna does, for example, She is the first one standing on the left in the photo. With this loan, She plans to buy agricultural inputs [fertilizers etc] and pay the cost of labor to work 0.5 ha [about 1 acre] of land. After harvesting, she sells her produce at the village market of Bougoula, to a customer base composed of resellers and consumers. She plans to earn a revenue of 25,000 West African francs at the end of the agricultural season. This revenue will allow her to pay off her loan and also help her husband provide for everyday expenses.

In this group: Maimouna, Korotoumou, Nyne, Chata, Mariam Solo, Nayouma Zantigui, Fatoumata Kassim, Badji, Salimata Kariba

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Translated from French by Kiva volunteer Katharina S

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