Funded

Total loan: $1,000
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Kotognotala I Group

Mali
Fofanabougou, Mali / Farming

A loan of $1,000 helped a member to pay for plowing, seeds, fertilizer, herbicide, weeding and small equipment.


Kotognotala I Group's story

The 10 members of the group called KOTOGNOTALA I are married women with an average age of 36 and on average, three children. Most of them live in polygamous families in Fofanabougou, one of the villages of the community of Guégnaka, prefecture of Dioîla, Koulikoro region, second administrative region of Mali.

They collaborate with the microfinance institution Soro Yiriwaso with the goal of better organizing their activities at the start of the rainy season. The crops they cultivate are peanuts, millet and sesame. They are on their fourth loan with the institution.

With this loan, Mama, the person in the middle of the seated row, intends to buy farm inputs, tools, and pay the fees for plowing etc. to maintain around a hectare of millet and peanuts. Her produce is sold in the town of Fana, after the harvest, to a clientele composed of men and women. She expects to make a profit of 125,000 F CFA, more or less, per growing season.

In this group: Rokia , Mamine, Minata Nouhoum , Manse , Mah , Araba, Bintou, Koumba , Mama , Kadia
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer



Loan details

Loan length:

10 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:

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