A loan of $1,050 helped a member buy agricultural inputs and seeds.


Kotognogontala 2 Group's story

The members of the Kotognogontala 2 group are married women who on average are 46 years old with five children. They all live in polygamous families in Konzanso, one of the villages in the Sikasso municipality, in the third administrative region of Mali. They have been working with the Soro Yiriwaso micro-finance institution to carry out their farming activities during the rainy season. They are on their fifth loan with the institution, and all previous loans have been repaid in full. The selected crop is maize featuring Djelika, who is standing in the middle. She will use her loan to buy agricultural inputs and seeds to maintain one hectare (about 2.47 acres). After harvest the crop is sold at village level and in Sikasso, to a clientele composed of men and women, for cash and on credit. She expects to make an average profit of 105,000 CFA francs per growing season. This profit will enable her to pay off the loan, and also help her husband with daily expenses.

In this group: Alimata Z , Ramata , Djelika , Michata, Djenebou, Djelika , Ramata , Hary, Minigna, Rokia
*not pictured

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Translated from French by Kiva volunteer René McConnell



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