A loan of $3,475 helped a member to buy fertilizer and herbicide and to pay for labor.

Tonwassa 4 Group's story

The seven members of the TONWASSA 4 group are married men, who are on average 36 years old, have 5 children, and live for the most part in traditional families in ZOUMANA DIASSA, a village in the KLELA commune in the SIKASSO circle, the 3rd administrative region of MALI. They are collaborating with microfinance institution Soro Yiriwaso in order to improve their agricultural businesses during the rainy season. They are on their fifth corn-production loan with microfinance institution Soro Yiriwaso, and their previous loans were properly repaid. The crop grown is corn with Mr. SEYDOU, standing second from the left in the photo in this men’s group TONWASSA 4. With his loan, he plans to buy ten 50-kg sacks of fertilizer and 15 containers of herbicides of differing quality and to pay for labor to maintain 2.5 hectares. After the harvest, the produce is sold in the village in SIKASSO to a clientele composed of men and women for cash or credit. He foresees earning a monthly profit of 390,000 francs CFA per season. This profit will allow him to repay his loan with interest and to contribute to the family’s daily expenses.

In this group: Soumaila, Seydou, Alassane , Ousmane , Maliki , Massourou, Abdoulaye Karim
*not pictured

Translated from French by Kiva volunteer Sherry W.

Loan details

Lenders and lending teams

Loan details