Funded

Total loan: $650
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Katiere-Ton 3 Group

Mali
Gniriwani, Mali / Farming

A loan of $650 helped a member buy fertilizer and herbicide, and pay for plowing.


Katiere-Ton 3 Group's story

The ten members of the Katiere-Ton 3 group are married women who on average are 37 years old with three children, living for the most part in traditional families in Gniriwani, a village in the Farakala commune, which is part of Sikasso, 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 third agricultural loan cycle with the institution, and previous loans have been repaid in full.

The crop cultivated is rice featuring Mrs. Ina, who is sitting in the first position from right to left in the photo of this Katiere-Ton 3 group of women.

She will use her loan to buy one 50-kilo bag of fertilizer, one container of herbicide, and pay plowing costs to maintain 0.5 hectares (about 1.24 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 61,000 CFA francs per crop year, which will enable her to pay off her loan and its interest, and help her husband with daily household expenses.

In this group: Siliguita, Djenebou , Teintio , Ami, Mamou , Tiffon , Awa, Npere , Sitan, Ina
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 18, 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: June 18, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children