A loan of $975 helped a member to buy fertilizer, farm inputs, and seeds, and to pay the cost of labor.


Fotemogoban A Group's story

The ten members of the Fotemogoban A group are married women who, on average, are 37 years old and have six children. They mostly live in traditional families in Kokouna, a village in Sanzana commune, in Sikasso, the third administrative region of Mali. They are working with the micro-finance institution Soro Yiriwaso in order to better carry out their farming activities during the rainy season. They are on their fifth group loan with Soro Yiriwaso, and their previous loans have all be repaid correctly.

Fanta, standing in the middle of the photo, grows sorghum. With this loan, she plans to buy a 50-kilogram sac of fertilizer and one drum of herbicide. She will also pay the costs of labor to farm a half hectare field.

After the harvest, crops will be sold in the village and at a Sikasso market to male and female customers for cash and credit. Fanta hopes to earn an average profit of 73,000 francs CFA per harvest. These earnings will allow her to pay back a part of the loan and its interest as well as help her husband with their family's everyday expenses.

In this group: Rokia , Oumou , Fanta , Karidia , Adiaratou, Setou , Awa , Maminata , Sali , Sali

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Translated from French by Kiva volunteer Lindsay Ferrara



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