Funded

Total loan: $1,525
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Djiguiyagnouma Iv Group

Mali
Bougoula, Mali / Farming

A loan of $1,525 helped a member to cover the cost of plowing and to buy agricultural inputs and seeds.


Djiguiyagnouma Iv Group's story

The ten members of the DJIGUIYAGNOUMA IV group are married women who, on average, are 35 years old and have five 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 have duly repaid their previous loans.

The featured borrower, Minata, grows groundnuts. In the photo, she is in the standing row, fifth 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 1.5 hectare (3.7 acres) 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 100,000 CFA francs at the end of the growing season. This profit will allow her to repay her loan and to help her husband cover the daily expenses.

In this group: Minata A , Abye Amadou , Sitan B , Diaminatou , Moussokoura , Teneba T , Minata , Minata D , Djeneba Dama , Mariam A
*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