A loan of $700 helped a member to buy inputs, seeds and pay for labor expenses.

Kotognogontala I Group's story

The 10 members of the group Kotognogontala I are married women who are on average 44 years old, have 4 children and all live in traditional families in Zoloko, one of the villages of Sikasso, third administrative region of Mali.

They collaborate with the microfinance institution Soro Yiriwaso in order to manage their farming businesses well during the winter.

They are on their third loans with the institution and the other past loans were well reimbursed.

The speculation cultivated is corn by Sacky standing in the first position from left to right.

With her loan she plans to buy inputs, seeds and pay for the labor expenses to maintain 1 hectare.

The production is sold in the village and in Sikasso after harvesting. She sells to a clientele composed of men and women.

She plans to make a profit of 100,000 FCFA per field.

This profit will allow her to pay for her loan and also to help her large family with the daily expenses.

In this group: Sacky, Barakissa, Maramou, Djenebou, Bintou, Afou, Afou, Minata, Fatoumata, Anchata

Translated from French by Kiva volunteer S Mason

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Loan details