A loan of $1,475 helped a member to buy farm inputs and seeds and to pay the cost of labor.

Sonkoma Iv Group's story

The members of the Sonkoma IV group are married women who, on average, are 34 years old and have four children. They live in polygamous families in Togodaba, one of the villages in Fakola, in the third administrative region of Mali. The group is collaborating with the micro-finance institution Soro Yiriwaso in order to better carry out their farming during the rainy season. They are on their fourth loan with the institution, and their previous loans have been repaid correctly.

Mariam Siriki, the first woman standing on the left in the photo, grows groundnuts. With her loan, she plans to buy farm inputs and seeds, and to pay the cost of labor to cultivate two hectares. After the harvest, the crops are sold in the village at a market to men and women customers.

Mariam Siriki hopes to earn 145,000 francs CFA per season. These earnings will allow her to pay back her loan and also help her husband with the everyday expenses.

In this group: Mariam Siriki, Sali, Sali, Sanata, Awa, Mariam Martin, Massitan, Mamine, Madjine

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Translated from French by Kiva volunteer Lindsay Ferrara

Loan details

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