Funded

Total loan: $775
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Sy-Sikasso-02087 Group

Mali
Korobarrage, Mali / Farming

A loan of $775 helped a member to pay for labor and agricultural inputs and seeds.


Sy-Sikasso-02087 Group's story

The members of the SABOUGNOUMA III group are married women aged 40 and with six children on average, and all living in traditional polygamous families in Korobarrage, one of the villages in Sikasso, the third administrative region of Mali. They collaborate with the microfinance institution Soro Yiriwaso in order to run their agricultural businesses during the rainy season. They are on their third loan with the institution, and their past loans have been repaid in full. Madame Bintou, seated second from the right in the photo, cultivates corn. With her loan, she will pay for labor and agricultural inputs and seeds. Her produce is sold in the village, in Sikasso, after the harvest, to men and women. She aims to make a profit of 50,000 francs CFA per year. This profit will allow her to repay her low and also to help her husband with everyday expenses.

In this group: Safiatou , Adiaratou , Minata , Fatoumata , Adiaratou , Mawa , Maramou , Kadia , Bintou, Mamou
*not pictured

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Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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