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Benkadi 2 Group
In this Group: Bagnama , Djènè , Nakoya , Kadia , Bawari , Sétou , Nabènè , Minata , Agnon , Moussokoura
Benkadi 2 is made up of ten married women who live in large extended families.
They are 47 years old and have 4 children each and live in the N'Gama village in Segou, the fourth largest administrative region of Mali. They met through family and friends, and grow peanuts, millet and rice for a living. In order to have all the necessary materials ready at the beginning of the rainy season, the group's members are seeking a second loan from Soro Yiriwaso. Madame Djènè B. who grows not only rice but also peanuts, aims to use the loan to purchase three bags of complex cereal, 30kg of peanut seeds and to employ staff to work, pick and hoe the fields. She sources her raw materials from the Konodimini market.
The work and hoeing will be done by men, whereas the picking and weeding of the rice will be done by the village women.
With a total area of 2 hectars, she aims to generate 10 bags of peanuts and 20 bags of rice. Some of the rice harvest will be consumed by those that were involved in its production, and the rest will be sold along with the peanuts. The profits generated will be used to see to family needs.
View original language description ↓
Benkadi 2 est composé de dix femmes mariées dans des grandes familles traditionnelles élargies. Elles ont un âge moyen de 47 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 font la culture de l’arachide, du mil et du riz.
Dans le but d’avoir des intrants disponibles en début de la saison des pluies, les membres du groupe ont fait recours à Soro Yiriwaso et sont à leur 2ème cycle de prêt de campagne.
Madame Djènè B., qui fait non seulement le riz mais aussi l’arachide, compte acheter avec son prêt, 3 sacs de complexe céréale, 30 kg de grains d’arachide et recruter la main d’œuvre pour les activités de labour, de repiquage et de sarclage dans ses champs.
Elle se ravitaille en intrants agricoles à la foire de Konodimini.
Les activités de labour et de sarclage de son champ d’arachide seront fait par les hommes alors que le repiquage et le désherbage du riz reviendront aux femmes du village.
Avec une superficie totale de 2 hectares, elle compte réaliser 10 sacs d’arachide, 20 sacs de riz.
Une partie de la récolte du riz est auto consommée tandis que le reste et l’arachide sont vendus.
Le bénéfice obtenu est utilisé pour assurer les petits besoins du foyer et l’entretien des enfants.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $11,463,475
    Funds lent in using Kiva
  • 516.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $1,475 loan helped a member purchase of fertiliser, peanut seeds and labour costs.
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