A loan of $1,050 helped a member to buy agricultural inputs and seeds, and to cover the cost of plowing during the growing season.


Sonkoma Viii Group's story

The members of the SONKOMA VIII group are married women who are, on average, 36 years old with four children each. They all live in polygamous families in Togodaba, one of the villages of the commune of Fakola (third administrative region of Mali).

They have joined the microfinance institution Soro Yiriwaso in order to successfully carry out their farming activities during the rainy season. They are on their fourth loan with the institution and have duly repaid their previous loans.

Minata Sidi, a member of the group, grows groundnuts. In the photo, she is in the front row, first from the left.

She plans to use her loan to buy agricultural inputs and seeds, and to cover the cost of plowing to cultivate one hectare (2.47 acres) of land.

After the harvest, she sells her production to both men and women in her village and in Fakola.

She is expecting to make a profit of 85,500 CFA francs per growing season. This profit will allow her to repay her loan and to help her husband with the daily expenses.

In this group: Minata Sidi , Nassama , Mariam Solo , Mamou Sadou, Mama , Rokia Bakay , Kadiatou Adou

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Translated from French by Kiva volunteer Sophie Narayan



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Loan details