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Benkadi 2 Group
In this Group: Karya , Alima , Fanta, 4 Kadia , Sitan Dramane , Meima Seydou , Salimata , Sitan Sekou , Sali , Djeneba Yaya
BENKADI 2 is a group of married women of the village of Dah of the prefecture of San, area of Ségou, fourth administrative area of the republic of Mali, who live in large traditional families.
They are on average 35 years old, with 6 children and cultivate peanuts.
With the aim of making their farms profitable, the members of the group have decided to incorporate the loan program of Soro Yiriwaso starting 3 years ago.
After having correctly refunded the preceding loans, they are on their third countryside loan.

KARYA K. will use her loan to buy, a sufficient quantity of peanut seed, small equipment and seeders, at the large market of San city.

After the wintering, harvests are stored during a certain time so that they reach best value before being sold at the large market of Dah, San and in the surrounding markets, in small lots (often large lots), for cash to customers generally from the big cities.

The members of the group expect to each realize, after the flow of their agricultural product, a benefit of 35.000 FCFA which will be used to refund the interest of the loan and the current expenditure of the family.
View original language description ↓
BENKADI 2 est un regroupement de femmes mariées du village de Dah de la préfecture de San, région de Ségou, quatrième région administrative de la république du Mali, qui vivent dans des familles traditionnelles élargies. Elles ont en moyenne 35 ans, 6 enfants et cultivent de l’arachide.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 3 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur troisième prêt de campagne.
KARYA K. utilisera son prêt pour acheter, une quantité suffisante de semence d’arachide, des petits matériels et des intrants, au grand marché de San ville. 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 Dah, San et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Les membres du groupe comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 35 000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt 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
  • 40
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 536.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $1,025 loan helped a member purchase of seeders, seeds and small equipment.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 3, 2010
Listed
Jul 4, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011