Check out some available loans that are similar to this one!
Bendiya  4 Group
In this Group: Rokia , Korotoumou , Mayamou , Alima , Mamine , Mamou , Chitan S. , Fatoumata Issa, Mayatou , Mayama
The ten members of the group "Bendiya 4" are married women averaging 39 years of age and four children.  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.  They are now on their fifth farm loan, and all the previous loans have been repaid.  The crops they grow include peanuts, pearl millet, sesame, and corn.

With this new loan, Ms. Mamine S. 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 and pearl millet.  After harvesting, the produce is sold in Dioïla City and Fana City to a customer base composed of women and men. 

Mamine plans on making a profit of about 35,000 francs CFA at the end of the planting season.
View original language description ↓
Les dix membres du groupe Bendiya 4 sont des femmes mariées ayant une moyenne d’âge de 39 ans, 4 enfants et vivant majoritairement 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, le sésame et le maïs. Elles sont à leur cinquième prêt de campagne et tous les prêts précédents ont été bien remboursés.
Avec ce nouveau prêt, MAMINE S. 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 et petit mil.
Les productions sont vendues au niveau de la ville de Dioïla et Fana après les récoltes à une clientèle composée d’hommes et de femmes. Elle compte réaliser un bénéfice de 35000FCFA 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
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,944,875
    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 4 Group's $950 loan helped a member labor, seeds, manure, herbicide, weeding, 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