Funded

Total loan: $1,475
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Aminata's Group

Mali
Bougoula, Mali / Farming

A loan of $1,475 helped a member to cover the cost of plowing and to buy seeds and agricultural inputs.


Aminata's Group's story

The nine members of the DJIGUIGNOUMA III group are married women who, on average, are 45 years old and have six children each. They all live in polygamous families in Bougoula, one of the villages of the Sanankoroba commune (second administrative region of Mali).

They have joined the microfinance institution Soro Yiriwaso in order to successfully carry out their farming activities during the rainy season. They are on their fifth loan with the institution and their previous loans have been duly repaid.

The featured borrower, Aminata, grows okra. In the photo, she is in the sitting row, third from the left. She plans to use her loan to buy agricultural inputs and seeds and to pay for the cost of plowing to cultivate 0.5 hectare (1.23 acre) of land.

After the harvest, she sells her crop to both consumers and resellers, in her village and at the Bougoula market.

She is expecting to make a profit of 25,000 CFA francs at the end of the season. This profit will allow her to repay her loan and to help her husband cover the daily expenses.

In this group: Aminata , Sanata D , Awa Bakary , Nayouma T , Mariam Soliba , Alimata Bakary , Bintou , Sanata B , Bintou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Sophie Narayan



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: May 31, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: May 31, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children