Funded

Total loan: $1,650
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Faida I Group

Mali
Dongorona, Mali / Farming

A loan of $1,650 helped a member to pay for labouring costs and to buy seeds and fertiliser.


Faida I Group's story

The 10 members of the Faida I group are married women. On average they are 35 years old with six children and live in polygamous familes in Dongorona, one of the villages in Ouelessebougou, in the second administrative region of Mali. They collaborate with the Soro Yiriwaso micro finance institution in order to manage their farming businesses during the winter. This is their third loan from the institution. Rokia, who is sitting in the middle in the photo, cultivates gumbo. With her loan, she plans to buy fertiliser and seeds and to pay for the costs of labouring 0.5 hectares. She sells the production in the village and in Ouelessebougou after the harvest to her clientele of consumers and retailers. She hopes to make a profit of 80.000FCFA per exploitation. This profit will enable her to repay her loan and help her husband with their daily expenses.

In this group: Rokia , Korotoumou , Aminata , Niagale , Mariam , Rokia , Sata , Salimata , Maimouna , Djoume
*not pictured

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Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 26, 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 26, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children