A loan of $825 helped a member buy fertilizer, herbicide, and pay for plowing.

Allakan Soutra Group's story

The nine members of the Allakan Soutra group are married women who on average are 41 years old with four children, living for the most part in traditional families in Batiemogobougou, a village in the Loulouni commune, which is part of the Sikasso region, the third administrative region of Mali.

They collaborate with the Soro Yiriwaso micro-finance institution in carrying out their farming activities during the rainy season. They are on their fifth agricultural loan cycle with the institution, and previous loans have been repaid in full.

The crop cultivated is groundnuts featuring Mrs. Madialia, who is sitting in the first position from right to left in the photo of this Allakan Soutra group of women.

She will use her loan to buy two 50-kilo bags of fertilizer, one container of herbicide, and pay for plowing to maintain 0.75 hectares (about 1.85 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 average profits of 85,000 CFA francs per crop year, which will enable her on the one hand to pay off her loan and its interest, and on the other hand to help her husband with daily household expenses.

In this group: Fatoumata , Adiara , Djeneba, Adiaratou, Afou, Fatoumata Siaka , Mah , Aminata , Madialia

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Translated from French by Kiva volunteer René McConnell

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