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Banah's Group
In this Group: Banah , Mah , Chiya , Manh , Bassouma , Nako , Natassou , Soungou
Benkadi 1 is a group of eight women who are all married and live in traditional households; they are around 56 years old and have four children each. They all live in N'Gama village in Segou, the fourth largest administrative building in Mali, and met each other through family and friends; they cultivate peanuts, millet and rice.
In order to enlarge their rice fields they are seeking a second loan from Soro Yiriwaso.
Madame Bassouma D. aims to use her loan both to purchase three bags of complex cereals and to hire some staff in order to cultivate, pick and hoe the rice fields.
In N'Gama village, labour and picking the fields is generally men's work, whereas weeding the rice is done by women's associations in the village. Bassouma D. sources her fertiliser from wholesalers at the Konodimini market. She aims to utilise her 2 hectar land in order to generate 20 bags of rice. Part of the harvest is consumed by those involved in its production, and the rest is sold. The profits generated are used to meet family needs.
View original language description ↓
Benkadi 1 est un regroupement composé de huit femmes toutes mariées dans des grandes familles traditionnelles, ayant un âge moyen de 56 ans et 4 enfants. Elles habitent toutes le village de N’Gama dans la commune rurale de N’Gara dans la 4ème région administrative du Mali, qu’est Ségou.
Elles se sont connues à travers des liens de parenté, de mariage et cultivent l’arachide, le mil et le riz.
Dans le but d’augmenter leurs champs de riz pendant l’hivernage, elles ont fait recours à Soro Yiriwaso et sont à leur 2ème cycle de prêt de campagne.
Madame Bassouma D. compte utiliser son prêt pour acheter, 3 sacs de complexe céréale et recruter la main d’œuvre pour les activités de labour, de repiquage et de sarclage dans son champ de riz.
Il est à noter que dans ce village N’Gama, les activités de labour et de sarclage des champs sont l’œuvre des hommes alors que le repiquage et le désherbage du riz sont effectués par les associations de femmes du village.
Bassouma D. se ravitaille en engrais à la foire de Konodimini auprès des grossistes. Avec une superficie de 2 hectares, elle compte réaliser 20 sacs de riz.
Une partie de la récolte est auto consommée tandis que le reste est vendu.
Le bénéfice obtenu est utilisé pour prendre en charge les petits besoins du foyer.

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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 516.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Banah's Group's $1,175 loan helped a member to purchase fertiliser and employ labour.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 1, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 16, 2011