A loan of $1,450 helped a member to buy seeds, fertilizers, and herbicides, and to pay for the cost of plowing.

Soutoura 3 Group's story

The ten members of the group Soutoura 3 are married women who average 31 years of age and 3 children each, and most of whom live in traditional families in Siekourani, a village located in the rural commune of Loulouni in the Kadiolo circle, region of Sikasso (3th administrative region of Mali).

They joined the microfinance institution Soro Yiriwaso to sustain their farming activities during the rainy season. This is their 8th collaboration with the MFI. All past loans were correctly repaid.

Mrs. Fatou grows groundnuts. She is the group member standing first from the right in the photo. She will use her loan to buy two 50-kg sacks of groundnut seeds and two jugs of herbicide, and to pay for the plowing needed to maintain 0.75 hectares of farmland.

After the harvest, the crops will be sold in the village and at the Sikasso markets to a clientele consisting of men and women, cash or credit.

Mrs. Fatou expects to earn an average profit of 108,000 FCFA per campaign. She will use her profits to repay her loan and the interest, and to help her husband with the household’s day-to-day expenses.

In this group: Machitan, Djeneba, Fatoumata, Djeneba, Fatou, Afou Madou, Fatoumata, Aminata, Minata, Fatoumata

Translated from French

Loan details

Lenders and lending teams

Loan details