A loan of $1,650 helped a member to purchase farm inputs and seeds and to cover the cost of plowing and weeding.

Kotognongontala 5 Group's story

The ten members of the group "Kotognongontala 5" are married women averaging 30 years of age and three children each, all living in traditional families in Fachoribougou, a village in Sikasso (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the rainy season. They are on their tenth loan with the institution. The past loans were indeed paid back.

The crops grown are tomatoes, chili peppers, and eggplant, as is the case with Assan, who is standing in the middle in the photo. With her loan, she intends to purchase farm inputs and fertilizer and to cover the cost of plowing for maintaining 1 hectare.

After the harvest, the produce is sold in the village, at the Sikasso market, and nearby to a customer base composed of men and women. She plans on making an average profit of 95,000 francs CFA per planting. The profits will enable her to pay off the loan and also to help her large family to cover day-to-day expenses.

In this group: Assan, Mama , Mariam, Woriata , Kary , Fatoumata, Assanatou , Bintou , Diata , Maïmouna
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey

Loan details

Lenders and lending teams

Loan details