Funded

Total loan: $1,400
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Fassokounawolo Iii Group

Mali
Koba, Mali / Farming

A loan of $1,400 helped a member to buy inputs, pesticides, fertilizers and small farming equipment, and to pay for plowing and weeding.


Fassokounawolo Iii Group's story

The ten members of the FASSOKOUNAWOLO Iii group are married women who average 39 years of age and three children each. Most of them live in polygamous families in Koba, a village of the commune of Massigui, prefecture of Dioïla, in the Koulikoro region (second administrative region of Mali).

They have partnered with the Soro Yiriwaso microfinance institution to better organize their activities at the start of the rainy season. Their crops include rice and groundnuts, and some millet. This is their 7th time collaborating with the MFI.

With this loan, Setou, standing first from the right, plans to purchase inputs and small farming equipment, and to pay for the plowing of approximately 0.5 hectare of rice and groundnuts.

After the harvest, the crops are sold in Massigui to a clientele composed of both men and women. Setou expects to earn an average profit of about 150,000 FCFA per season.

In this group: Fanta , Maria Solo , Sanata Amidou , Djessira , Sira , Afou , Fatoumata , Mamou , Setou , Yama
*not pictured

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Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 12, 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: June 12, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children