Funded

Total loan: $1,925
Powered by 61 lenders

Sinignessigui I Group

Mali
Niaradougou, Mali / Farming

A loan of $1,925 helped a member to buy agricultural inputs and seeds, and pay for the labor needed to maintain one hectare of farmland.


Sinignessigui I Group's story

The members of the Sinignessigui I Group are married men with an average age of 45 years and an average of five children. They are all living in traditional families in Niaradougou, one of the villages in Sikasso, the third administrative region of Mali. They are working with the microfinance institution Soro Yiriwaso to carry out their agricultural activities during the rainy season. The group is on their fourth loan with the institution, and their prior loans have been repaid in full.

Seydou, shown standing in the center in the photo, grows crops of corn. With his loan, he intends to buy agricultural inputs and seeds, and pay for the labor needed to maintain one hectare of farmland. After the harvest, his produce is sold at the village in Sikasso to a clientele composed mainly of retailers coming from big cities.

Seydou expects to earn an average income of 200,000 Francs CFA per agricultural cycle. This income will allow him to repay his loan and also to help the family with their daily expenses.

In this group: Salifou Mamadou , Issa , Seydou , Karim , Abou , Diakalia , Abdou Karim , Amadou, Siaka , Dramane
*not pictured

Translated from French by Kiva volunteer Jane Coe



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: August 16, 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 16, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children