Funded

Total loan: $1,025
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Andonassoumana Iii Group

Mali
Tola, Mali / Farming

A loan of $1,025 helped a member purchase labor, fertilizer and agricultural seeds.


Andonassoumana Iii Group's story

The members of the ANDONASSOUMANA III group are all married women who are, on average, 41 years old, have 4 children, and live in polygamous families in TOLA, a village in SIKASSO, the third largest administrative region in Mali. The collaborate with the microfinance institution Soro Yiriwaso in order to continue their agricultural activities during the winter months. They are asking for their fourth loan, having successfully reimbursed previous loans. Mrs Assanatou, who is the first person to the left who is standing in the photo, grows corn. This loan will enable her to purchase labor, fertilizer and seeds to cultivate her 0.4 hectare land. She sells the food products in the village as well as in Sikasso, to both male and female customers. She hopes to earn a profit of 95 000 FCFA (~192 USD) per harvest, which will enable her to pay back her loan as well as aid her husband in covering daily expenses.

In this group: Assanatou , Mariam , Barakissa , Aminata , Diarra , Weta, Mariam Drissa, Minata Adam , Oumou , Nassarata
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Chloé Tuot



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: July 19, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: July 19, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children