A loan of $675 helped a member to buy small farming equipment, seeds and inputs.


Horonya 1 Group's story

The ten members of the group Horonya 1 are married women who live in traditional families. They average 49 years of age and 3 children each. They all live in the village of Kondia, region of Ségou (4th administrative region of Mali). They know one another as neighbors, through ties of marriage and kinship, and through the farming activities they practice during the rainy season. They grow groundnuts, millet and rice.

They joined the microfinance institution Soro Yiriwaso to buy small farming equipment and to stock up on inputs. This is the group’s 3rd loan cycle with the MFI.

Mrs. Alimata, sitting at the far left in the photo, plans to use her loan for plowing, to buy seeds and fertilizers, and to pay the young people who will be helping her with the weeding.

At the end of the rainy season, she will sell her crop for cash. This will allow her to repay her loan and to have some income to support her children and to help provide for the family.

In this group: Alimata , Kadia , Mon , Kadia , Korika , Minè , Bintou , Tinimba, Adama , Sitan

Translated from French by Kiva volunteer



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