Benkadi 2 De (benkadi B Tingolé) Group
Status: Paying Back
| $1,100.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Benkadi 2 De (benkadi B Tingolé) Group |
|---|---|
| Group Members: |
MARIAM KOKE TRAORE PAYI TRAORE RAHAMA SAMAKE BADIKO COULIBALY SIRATOU TRAORE KOROTOUMOU DIARRA SOUMBA KONATE MAGNE FOMBA BINTOU MINAMBA M’PENE MINAMBA |
| Location: | Fana Koulikoro, Mali |
| Activity: | Farming |
About the Loan
| Loan Amount: | $1,100.00 |
|---|---|
| Loan Use: | Labor, fertilizer, herbicide, weeding, and sundry farming supplies and equipment |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | At end of term |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 4, 2009 |
| Date Disbursed: | Jul 9, 2009 |
| Date Funded: | Aug 5, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Soro Yiriwaso, a partner of Save the Children |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 21 months |
| Kiva Entrepreneurs: | 5386 |
| Total Loans: | $1,068,600 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Mali |
|---|---|
| Avg Annual Income: | $1,200.00 |
| Currency: | Communauté Financière Africaine Francs BCEAO (XOF) |
| Exchange Rate: | 460.3624 XOF = 1 USD |
The ten members of the group BENKADI 2 of the association BENKADI B are all married women who average 36 years of age and 4 children. The women live for the most part in polygamous families in TINGOLE, a leading community of FANA sub-prefecture (2nd administrative region of Mali).
The group members are collaborating with the micro-finance institution Soro Yiriwaso with the goal of obtaining financial support to carry out their winter-time work. Their businesses revolve around growing sorghum and peanuts. They are on their fifth loan with the institution. All the preceding loans were correctly repaid.
With this new loan, they intend to buy fertilizer, herbicide, and minor supplies and equipment. And they intend to cover the cost of weeding and labor for maintaining 24 hectares.
After the harvest, part of their production is consumed at home. The other part is sold locally in town to customers composed of men and women at the marketplace of Marka-Coungo and Fana.
The group members plan on realizing an average profit of 25,000 francs CFA after the planting season.
Les dix membres du groupe BENKADI 2 de l’association BENKADI B sont tous des femmes mariées qui ont une moyenne d’âge de 36 ans et 4 enfants. Elles vivent la plupart dans des familles polygames à TINGOLE, un chef lieu de commune de la sous préfecture de FANA, 2ème région administrative de la république du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le but d’avoir un soutien financier pour la réalisation de leurs activités hivernales. Leurs activités sont axées sur la culture du sorgho et de l’arachide. Elles sont à leur cinquième prêt avec l’institution et tous les précédents ont été correctement remboursés.
Avec ce nouveau prêt, elles comptent acheter, de l’engrais, de l’herbicide, des petits matériels agricoles et payer les frais de sarclage et de labour pour entretenir 24 hectares.
Après la récolte, une partie de leur production est auto consommée et l’autre partie est vendue, sur place au village, dans le marché de Marka-Coungo et à Fana, à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice moyen de 25 000FCFA après la campagne.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
The group members are collaborating with the micro-finance institution Soro Yiriwaso with the goal of obtaining financial support to carry out their winter-time work. Their businesses revolve around growing sorghum and peanuts. They are on their fifth loan with the institution. All the preceding loans were correctly repaid.
With this new loan, they intend to buy fertilizer, herbicide, and minor supplies and equipment. And they intend to cover the cost of weeding and labor for maintaining 24 hectares.
After the harvest, part of their production is consumed at home. The other part is sold locally in town to customers composed of men and women at the marketplace of Marka-Coungo and Fana.
The group members plan on realizing an average profit of 25,000 francs CFA after the planting season.
Translated from French by Dan Kuey, Kiva Volunteer
Les dix membres du groupe BENKADI 2 de l’association BENKADI B sont tous des femmes mariées qui ont une moyenne d’âge de 36 ans et 4 enfants. Elles vivent la plupart dans des familles polygames à TINGOLE, un chef lieu de commune de la sous préfecture de FANA, 2ème région administrative de la république du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le but d’avoir un soutien financier pour la réalisation de leurs activités hivernales. Leurs activités sont axées sur la culture du sorgho et de l’arachide. Elles sont à leur cinquième prêt avec l’institution et tous les précédents ont été correctement remboursés.
Avec ce nouveau prêt, elles comptent acheter, de l’engrais, de l’herbicide, des petits matériels agricoles et payer les frais de sarclage et de labour pour entretenir 24 hectares.
Après la récolte, une partie de leur production est auto consommée et l’autre partie est vendue, sur place au village, dans le marché de Marka-Coungo et à Fana, à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice moyen de 25 000FCFA après la campagne.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Benkadi 2 De (benkadi B Tingolé) Group
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Loan has been disbursed
Location: Fana Koulikoro, Mali
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Posted by
from Fana Koulikoro, Mali
Aug 6, 2009 |
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Comment on this entry
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Repayment Schedule for Benkadi 2 De (benkadi B Tingolé) Group
Repayment Schedule for Benkadi 2 De (benkadi B Tingolé) Group
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2010 | $1,100.00 | Available May 1 | |||
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