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Benkadi 4 Group
In this Group: Ramatou Tidiani , Aïssa Mori , Setou Bakary , Kadiatou , Fanta Sidiki , Minata , Chitan , Nana Madou , Mamou Amadou , Wassa Sékou
The Benkadi 4 group brings together married women of the village of Sirakélé, town of Koutiala, region of Sikasso (third administrative region of the Republic of Mali). They live in big traditional extended families with their children, husbands, parents-in-law, sisters-in-law, etc. They are 40 on average and have at least 5 children. They plant only peanuts.



In the interest of making their agricultural businesses profitable, the members of the Benkadi 4 group decided to join the loan program of Soro Yiriwaso five years ago. After having correctly reimbursed the four preceding loans, they are on their fifth rural loan.



This loan will be used to buy peanut seeds, small agricultural materials, and intrants for this crop in the big open-air market of Koutiala. After the rainy season, the harvest is stockpiled for a certain time until it gains value before being sold at the big marketplace of Koutiala and in surrounding markets, retail (often wholesale) and for cash, to a clientele mostly coming from the big cities.



Each of the members of the Benkadi 4 group expect to make, after their crops have been sold, a profit of 65,000 F CFA which will be used to reimburse the interest on the Soro Yiriwaso loan and for current family expenses.

View original language description ↓
Le groupe Benkadi 4 est un regroupement de femmes mariées du village de Sirakélé de la ville de Koutiala région de Sikasso (troisième région administrative de la république du Mali). Elles vivent dans des grandes familles traditionnelles élargies avec leurs enfants, maris, beaux parents, belles sœurs etc. Elles ont en moyenne 40 ans et au moins 5 enfants.
Elles cultivent uniquement de l’arachide.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe Benkadi 4 ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant cinq ans. Après avoir correctement remboursés les quatre prêts précédents, elles sont à leur cinquième prêt de campagne.
Le prêt actuel sera utilisé pour acheter, des semences d’arachide, des petits matériels et des intrants pour la culture, au grand marché de Koutiala. Après l’hivernage, les récoltes sont stockées pendant un certain temps pour qu’elles aient de la valeur avant d’être vendues au grand marché de Koutiala et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Les membres du groupe Benkadi 4 comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 65 000FCFA qui sera utilisé pour le remboursement des intérêts du prêt de Soro Yiriwaso et les dépenses courantes de la famille.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 14
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 469.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 4 Group's $900 loan helped a member purchase of intrants, seeds, and minor agricultural materials.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 12, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010