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Benkadi  2 Group
In this Group: Satou , Setou , Setou Vieux , Rachelle , Routh , Abi , Mamou M , Elizabeth , Diah , Foune
The Benkadi 2 Group is an association of married women from the village of Djigonso, San prefecture, in Ségou Region (the fourth administrative region of the Republic of Mali). They live in extended traditional families. Their average age is 43; each has at least eight children. They are rice growers. Hoping to improve the efficiency of their farming operations, Benkadi 2 decided to take part in Soro Yiriwaso's loan program. They have repaid their membership loans, decided to apply for a business loan. In the winter season their main activity is growing rice.

Rachelle Dembélé plans on using her loan to buy rice seed, small tools and fertilizer. She will get them at the big market in Yangasso town. Once winter is over, she will keep what she has harvested long enough for the price to rise before selling it at the big market in Kimparana and in other local markets, mostly by selling it directly to customers but also wholesaling it. Her customers mostly come from large towns.

After she has sold her produce, Rachelle (like other group members) hopes to realize a profit of 35,000 FCFA, to be used to service her loan and to pay for ongoing family expenses.
View original language description ↓
Le groupe Benkadi 2 est d’une Association de femmes mariées du village de Djigonso dans la préfecture de San, région de Ségou (quatrième région administrative de la république du Mali). Elles vivent dans des familles traditionnelles élargies et ont en moyenne 43 ans et au moins 8 enfants.
Elles font essentiellement la culture du riz.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe Benkadi 2 ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Après avoir correctement remboursé tous les prêts solidaires, elles ont décidé de virer au prêt de campagne puisse que leur activité principale en hivernage est la culture du riz.
Rachelle Dembélé compte utiliser son prêt pour acheter, une quantité suffisante de semence de riz, des petits équipements et des intrants agricoles.
Elle s’approvisionne exclusivement au grand marché de Yangasso ville. Après l’hivernage, sa récolte est stockée pendant un certains temps pour qu’elle ait de la valeur avant d’être vendue au grand marché de Kimparana et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Rachelle compte réaliser tout comme les autres membres du groupe, après écoulement de son produit agricole, un bénéfice de 35000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courant 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

  • $1,100
    Average annual income
  • 25
    View loans »
    Mali Loans Fundraising
  • $11,391,900
    Funds lent in using Kiva
  • 537.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $1,075 loan helped a member buy rice seed, fertilizer and small farming tools.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 4, 2010
Listed
Jul 4, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011