Funded

Total loan: $1,100
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Siguitemogosson V Group

Mali
Tionsso, Mali / Farming

A loan of $1,100 helped a member to pay for plowing, weeding, seeds, farm inputs, and tools.


Siguitemogosson V Group's story

The ten members of "Siguitemogosson V" are married women averaging 34 years of age and four children each, all living in traditional families in Tionsso, a village in Koutiala (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the rainy season. They are on their fourth loan with the institution. The past loans were indeed paid back.

The crop grown is rice, as is the case with Setou Salia, who is the second person standing from the right in the photo. With her loan, she intends to purchase farm inputs, seeds, and sundry equipment inputs and to pay for plowing to maintain 1 hectare.

After the harvest, the produce will be sold to men and women customers in the village and in Fonfona. She plans on making a profit of 90,000 francs CFA at the end of the season. This profit will enable her to pay back her loan and also to help her husband to cover day-to-day expenses.

In this group: Mariam Teguezie , Setou Salia , Mariam Abou , Cheta Abou , Safiatou Brema , Kadiatou Oumar , Alima Mahamadou, Fatoumata , Mawa Sekou , Sali Tiekoura
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: June 27, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: June 27, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children