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

Sonkoma V Group's story

The members of the Sonkoma V group are married women who, on average, are 30 years old and have three children. They all live in polygamous families in Togodaba, one of the villages in Fakola, in the third administrative region of Mali. The group is working 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.

Matou, the first woman seated on the left in the photo, grows groundnuts. With her loan, she plans on buying farm inputs and seeds and paying the cost of labor to cultivate two hectares of land. After the harvest, the crop is sold in the village and in Fakola to men and women customers.

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

In this group: Matou, Korotoumou, Niama, Bama, Mama, Minatadjan, Minata, Chata Kassoum, Rokia Diakaridia, Mamine

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Translated from French by Kiva volunteer Lindsay Ferrara

Loan details

Lenders and lending teams

Loan details