Funded

Total loan: $850
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Layidou Ii Group

Mali
Kondjiguila, Mali / Farming

A loan of $850 helped a member to pay for labor expenses, buy inputs, and pay for seeds.


Layidou Ii Group's story

The five members of the group called LAYIDOU II are married women with an average age of 44 and on average 6 children, and they all live in polygamous families in Kondjiguila, one of the villages of Selingue, third administrative region of Mali.

They collaborate with the microfinance institution Soro Yiriwaso so as to succeed in their agricultural activities during the rainy season. They are on their fifth seasonal loan with the institution.

Minata Sekou, the first person standing left to right in the photo, grows peanuts and rice. With her loan portion she intends to buy inputs and seeds and to pay for labor expenses to cultivate 1.5 hectares of land. Her produce is sold right in Selingue, after the harvest, to a clientele composed of resellers and of consumers. She expects to make an average profit of 195,000 F CFA per growing season. This profit will allow her to repay her loan and also to help her husband with day-to-day expenses.

In this group: Minata Sekou , Mignagoue , Mariam Broulaye , Ferimata , Sata
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 20, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams




Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 20, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children