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Benkadi 2 Group
In this Group: Mamine , Moussocoura Mah , Mah , Sitan , Alimata , Mamou , Nana , Gneba , Baya , Mariam
The Benkadi 2 group is composed of 10 married women who average 30 years of age and 3 children. They live in polygamous families in Massoukou, one of the villages in the rural city of Tingolé, Fana subprefecture, 2nd administrative region of Mali.


They are seeking their first loan from Kiva's partner, the microfinance organization Soro Yiriwaso, in order to be able to realize their rainy season activities. They exclusively grow peanuts, which is still the main crop in the area. This loan will be used to buy seeds, fertilizers, small materials, and to pay for the cost of labour and hoeing of 10 hectares. After the harvest, the production will be sold, mainly for cash, at the following markets : Marka-Coungo, Fana and Tingolé, to a clientele comprising both men and women.


They intend to turn an average profit of XOF 17'500 (ca US$ 35) per campaign. The women of the Benkadi 2 group ambition to obtain loans corresponding to their wishes.

View original language description ↓
Le groupe Benkadi 2 est composé de dix femmes mariées qui ont une moyenne d’âge de 30 ans et 3 enfants. Elles vivent dans des familles polygames à Massoukou un des villages de la commune rurale de Tingolé, sous préfecture de Fana, 2ème région administrative de la république du Mali.
Elles sont à leur première collaboration avec l’institution de microfinance Soro Yiriwaso afin de réaliser leurs activités hivernales. Elles font exclusivement la culture d’arachide qui reste la principale culture de la zone.
Par rapport à l’utilisation de ce prêt, elles comptent acheter, des intrants, des petits matériels, des semences et payer les frais de sarclage et de labour pour entretenir 10 hectares.
La production sera vendue au niveau des marchés de Marka-Coungo, Fana et Tingolé, après les récoltes à une clientèle composée d’hommes et de femmes.
Elles comptent réaliser un bénéfice moyen de 17500FCFA par campagne.
Les femmes du groupe Benkadi 2 ambitionnent avoir des montants à hauteur de souhait.

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

  • $1,100
    Average annual income
  • 39
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 472.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $650 loan helped a member to buy seeds, fertilizers, small materials, and to pay for the cost of labour and hoeing of 10 hectares.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 1, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010