A loan of $1,825 helped a member to buy seeds, fertilizers, and farm inputs, and to pay the cost of labor.


Wegnogoton 1 Group's story

The five members of the Wegnogoton 1 group are married men and one married woman who, on average, are 38 years old and have five children. They mostly live in traditional families in Doumanaba, one of the villages 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 winter. They are on their fifth loan, and their previous loans have all been repaid correctly.

Sinaly, standing second from the right in the photo, grows corn. With his loan, he plans to buy eight 50-kilogram sacs of fertilizer and 20 drums of different herbicides, and to pay the costs of labor to farm two hectares of land.

After the harvest, crops will be sold in the village and at a market in Sikasso to male and female customers for cash and credit.

Sinaly hopes to earn an average profit of 232,000 francs CFA per harvest. These earnings will allow him to pay back his part of the loan and its interest, and also help to cover his family's everyday expenses.

In this group: Korotoumou , Siaka, Balla, Sinaly , Daouda

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Translated from French by Kiva volunteer Lindsay Ferrara



Loan details


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Loan details