Funded

Total loan: $1,050
Powered by 34 lenders

Djouraton I Group

Mali
Fakola, Mali / Farming

A loan of $1,050 helped a member to pay for agricultural inputs and seeds as well as for the cost of farm labor.


Djouraton I Group's story

The members of the Djouraton I group are all married women averaging 36 years of age, with three children. They all live in polygamous families in Nala, a neighborhood in the town of Fakola, the third administrative region of Mali. They collaborate with the Soro Yiriwaso microfinance institution in order to better manage their agricultural activities during the rainy season.

They are on their fourth loan with the institution, having duly repaid their prior loans. They grow peanuts, which is the case of Awa, for example. She is the first one standing on the left in the photo. With her loan, she plans to buy agricultural inputs [fertilizers etc] and seeds and pay the cost of labor to work 1 ha [2.5 acres] of land. After harvesting, the produce is sold locally, to a customer base composed of both men and women. She plans to earn 85,000 West African franc per agricultural cycle. This revenue will allow her to pay off her loan and help her husband with everyday expenses.

In this group: Fanta , Naminata , Chata , Awa , Chata , Korotoumou , Diatou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Ekaterina Sukhanova



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 21, 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 21, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children