A loan of $475 helped a member to purchase farm inputs and seeds and to pay for plowing.


Kotognogontala 4 Group's story

The four members of the group "Kotognogontala 4" are married women averaging 45 years of age and five children each, all living in traditional families in N’Tjila, a Niena village, in Commune Rurale de Wateni, in Région 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 fifth loan with the institution. The past loans were indeed paid back. The crops grown are peanuts and corn, as is the case with Safiatou, who is standing first from the left in the photo. She intends to use her loan to purchase farm inputs, fertilizer, herbicides, and seeds and to pay for plowing for maintaining 1 hectare. After the harvest, the produce is sold at the village to a customer base composed of men and women. She plans on making a profit of 95,000 francs CFA per planting. This profit will enable her to repay the loan and also to help out her husband in covering day-to-day expenses and the cost of the children's healthcare.

In this group: Safiatou , Mariam, Kadia , Rokia
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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Loan details