Benkadi 4 De (benkadi Fofodiana) Group
Status: Paying Back
| $950.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Benkadi 4 De (benkadi Fofodiana) Group |
|---|---|
| Group Members: |
FADOUMA GAKOU ROKIA DIAKITE ATTA KANE KOTNE KEITA DJENEBA FOMBA AWA DIALLO NIAGALEN SISSOKO TEFLY TRAORE MAYO GAKOU KADIATOU TRAORE |
| Location: | Fana Koulikoro, Mali |
| Activity: | Farming |
About the Loan
| Loan Amount: | $950.00 |
|---|---|
| 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: | Sep 1, 2009 |
| Date Disbursed: | Jul 16, 2009 |
| Date Funded: | Sep 2, 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: | 455.1727 XOF = 1 USD |
The ten members of the group BENKADI 4 are married women who average 53 years of age and 7 children. The women live for the most part in polygamous families in the village of FOFODIANA, in the community of Tingolé, sub-prefecture of FANA (2nd administrative region of the Republic of Mali).
They are collaborating with the micro-finance institution Soro Yiriwaso with the goal of obtaining financial support to carry out their winter-time work, which revolves around growing sorghum, peanuts, and beans. They are on their fifth experience with the institution. The past loans were repaid on time.
This new loan will be used to buy fertilizer, herbicide, and minor farm supplies and equipment and to cover the cost of weeding and labor for maintaining 22 hectares.
A portion of their production is for their own consumption. The other portion is sold to customers composed of men and women at the marketplaces of Tingolé, Marka-Coungo, and Fana.
The group members plan on realizing an average profit of 50,000 francs CFA after the planting season.
Les dix membres du groupe BENKADI 4 sont des femmes mariées ayant une moyenne d’âge de 53 ans et 7 enfants. Elles vivent la plupart dans des familles polygames dans le village de FOFODIANA, commune de Tingolé, sous préfecture de FANA, 2ème région administrative 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 de l’arachide et du haricot. Elles sont à leur cinquième expérience avec l’institution, les prêts passés ont été remboursés à temps.
Ce nouveau prêt servira à acheter de l’engrais, de l’herbicide, des petits matériels agricoles et payer les frais de sarclage et de labour pour entretenir 22 hectares.
Une partie de leur production est auto consommée et l’autre partie est vendue sur les marchés de Tingolé, de Marka-Coungo et de Fana à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice moyen de 50 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
They are collaborating with the micro-finance institution Soro Yiriwaso with the goal of obtaining financial support to carry out their winter-time work, which revolves around growing sorghum, peanuts, and beans. They are on their fifth experience with the institution. The past loans were repaid on time.
This new loan will be used to buy fertilizer, herbicide, and minor farm supplies and equipment and to cover the cost of weeding and labor for maintaining 22 hectares.
A portion of their production is for their own consumption. The other portion is sold to customers composed of men and women at the marketplaces of Tingolé, Marka-Coungo, and Fana.
The group members plan on realizing an average profit of 50,000 francs CFA after the planting season.
Translated from French by Dan Kuey, Kiva Volunteer
Les dix membres du groupe BENKADI 4 sont des femmes mariées ayant une moyenne d’âge de 53 ans et 7 enfants. Elles vivent la plupart dans des familles polygames dans le village de FOFODIANA, commune de Tingolé, sous préfecture de FANA, 2ème région administrative 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 de l’arachide et du haricot. Elles sont à leur cinquième expérience avec l’institution, les prêts passés ont été remboursés à temps.
Ce nouveau prêt servira à acheter de l’engrais, de l’herbicide, des petits matériels agricoles et payer les frais de sarclage et de labour pour entretenir 22 hectares.
Une partie de leur production est auto consommée et l’autre partie est vendue sur les marchés de Tingolé, de Marka-Coungo et de Fana à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice moyen de 50 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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Laurence
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Ulrike
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Hugh
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Stefan
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Emma
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Jessica
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Anonymous
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Tim Schroeder
Columbus, OH
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Rupa Tejura
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Michel
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Anonymous
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Julie
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Marie & Bob
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Melisa
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Appropedia Friend
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KARIN
hvidovre,
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Michael McCulloch
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Susan
Ada, MI
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the Dies Family
CT and MA (USA), Japan,
Cate Huston
Ottawa, ON
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Alex
Atlanta, GA
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Anonymous
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Elizabeth
Somerville, MA
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Charlie
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Yvette
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Jos en Brigitte
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Susan
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Journal entries for Benkadi 4 De (benkadi Fofodiana) Group
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Loan has been disbursed
Location: Fana Koulikoro, Mali
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Posted by
from Fana Koulikoro, Mali
Sep 3, 2009 |
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Comment on this entry
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Repayment Schedule for Benkadi 4 De (benkadi Fofodiana) Group
Repayment Schedule for Benkadi 4 De (benkadi Fofodiana) Group
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2010 | $950.00 | Available May 1 | |||
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