A loan of $1,600 helped a member to buy agricultural inputs and seeds.

Sinignessigui 1 Group's story

The members of the Sinignessigui 1 group are married men with an average age of 45 and, on average, 4 children, who all live in polygamous families in Kolokoba, one of the villages in Sikasso, the 3rd administrative region of Mali. They are working with the Soro Yiriwaso microfinance institution in order to carry out their farming activities during the rainy season. This is their 6th loan from the institution. The previous loans have been properly repaid.

Siaka, standing second from the left in the picture, grows maize. He plans to use his loan to buy the agricultural inputs and seeds needed for the cultivation of 3 hectares of farmland. After the harvest, the produce will be sold at the village market to a clientèle made up of men and women. He expects to make a profit of 290 000 francs per crop cycle. This profit will enable him to repay his loan and also to cover his family's daily living expenses.

In this group: Siaka, Siaka, Ousmane, Yaya, Yepana, Yassanry

Translated from French

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Loan details