Funded

Total loan: $1,525
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Lafia I Group

Mali
Tinimbougou, Mali / Farming

A loan of $1,525 helped a member to pay for labor, seed, fertilizers, herbicides, weeding, and small equipment.


Lafia I Group's story

The ten members of the LAFIA 1 group are married women, 43 years old on average, and have an average of five children. They live mostly in polygamous families in Tinimbougou, one of the villages of the commune of Dioïla, in the Dioïla prefecture, in the Koulikoro region, the second administrative region of Mali. They work with the microfinance institution Soro Yiriwaso with the goal of being able to organize their businesses better at the beginning of the winter season. They plan to grow, among other things, peanuts, millet, gombo, and sesame. They are on their sixth loan with the institution. With this loan, Gna, the first person from the left in the row of those standing up, plans to buy fertilizer, small equipment, and to pay labor costs for working about 1.5 hectares of millet and peanuts. The produce is sold in the city of Marka Coungo, to male and female customers. She plans to earn an average monthly income of 45,000 CFA per field.

In this group: Hawa , Wassa , Gna , Magne , Mariam , Sitan , Maton , Koura , Fatoumata , Gnine
*not pictured

Translated from French by Kiva volunteer Shannon Arnold



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 22, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 22, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children