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Benkadi  4 Group
In this Group: Minata , Sitan Baba , Assan , Mamine , Routi , Sanata , Ami Chaka , Mamou Dra , Djeneba , Satou
The Benkadi 4 group is made up of married women from the village of Dangasso in the San district which is in the Segou area (the fourth administrative province of Mali).They live in traditional families. They are on average 36 years old and have at least 5 children each.They cultivate fonio, sorrel, and gombo.
Hoping to optimise the production of their farms,the members of the group decided to join the Soro Yiriwaso group 2 years ago. Having repaid the previous loans correctly, they are requesting their second rural loan.
Satou C. intends to use her credit to buy an adequate amount of fonio seeds, small farm machinery and fertiliser and other products at the market at San. After the winter period the crop is stored for a period of time in order to appreciate in value before being sold retail (often wholesale) at the grand market at San, at Dah and at other local markets for cash to customers usually from the large towns.
Whereas Satou C. hopes to make 40.000FCFA, some members of the group expect to make a profit of 22000 to 30.000 FCFA each after the sale of their farm products which will be used to repay the interest of the loan and daily family expenses.
Le groupe Benkadi 4 est composé de femmes mariées du village de DANGASSO dans la préfecture de SAN, région de SEGOU (quatrième région administrative de la république du Mali). Elles vivent dans des familles traditionnelles. Elles ont en moyenne 36 ans et au moins 5 enfants.
Elles cultivent du fonio, de l’oseille et du gombo.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis 2 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur deuxième prêt de campagne.
SATOU C. compte utiliser son prêt pour acheter, une quantité suffisante de semence de fonio, des petits matériels et des intrants agricoles, au grand marché de SAN. 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 SAN, DAH et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Tandis que SATOU C. espère avoir 40.000FCFA, certains membres du groupe comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 22000à 30.000FCFA 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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 520.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 4 Group's $850 loan helped a member purchase of seeds,fertiliser and other farming products and small agricultural equipment.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 18, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011