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Bendiya 1 Group
In this Group: Fatouma D. , Alimata , Sitan , Kadia , Chitan , Salimata , Bachitan , Rokia Lamine , Matou , Bintou Madou
The ten members of the group Bendiya 1 are married women who average 36 years of age and three children each.  They live for the most part in polygamous families in Kegne, a village in Dioïla prefecture, Koulikoro region (2nd administrative region of the Republic of Mali).  The group members are collaborating with the micro-finance institution Soro Yiriwaso with the goal of better organizing their businesses at the start of winter.  The crops include peanuts, pearl millet, and corn.   The group members are on their fifth farm loan, and all the previous loans have been repaid.

With this new loan, Ms. ROKIA LAMINE D. intends to buy supplies (ahead of price increases) and sundry equipment and to cover the cost of labor for maintaining about a hectare of peanuts.  After harvesting, the produce is sold in Fana City to a customer base composed of retailers. 

The group members plan on making an average profit of about 45,000 francs CFA at the end of the planting season.
View original language description ↓
Les dix membres du groupe Bendiya 1 sont des femmes mariées avec une moyenne d’âge de 46 ans et ont en moyenne 3 enfants. Elles vivent la plupart dans des familles polygames à Kegne, un des villages de la préfecture de Dioïla, région de Koulikoro, 2ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage.
Les spéculations cultivées sont entre autres l’arachide, le petit mil et le maïs. Elles sont à leur cinquième prêt de campagne et tous les prêts précédents ont été bien remboursés.
Avec ce nouveau prêt, ROKIA LAMINE D. compte acheter les intrants avant la hausse des prix, les petits équipements et payer les frais de labour pour entretenir environs 1 hectare d’arachide.
La production est vendue au niveau de la ville de Fana après les récoltes à une clientèle composée de revendeurs.
Elles comptent réaliser un bénéfice moyen de 45000FCFA environs en fin de campagne.

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
  • 38
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 508.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bendiya 1 Group's $1,000 loan helped a member plowing, seeds, manure, herbicide, weeding, and equipment.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 17, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011