Check out other loans that are currently fundraising!
Benkadi I Group
In this Group: Assitan , Kafougoucho , Korotimi , Katagacho , Mariam , Bougoupere , Rokia , Soumba , Napre , Djeneba
The group Benkadi I is made up of married women from the village of Ziekan in the San prefecture of the Ségou region (fourth administrative region of the Republic of Mali). They live with their traditional extended families, have an average age of 34 years old, at least five children and cultivate peanuts. In the effort to make their agricltural businesses profitable, the members of the group decided to join the Soro Yiriwaso loan program three years ago. After having fully paid back their previous loans, they are on their third farming loan. Assitan S. expects to use the loan to buy a sufficient amount of peanut seed, small tools and input materials, exclusively on the big market at Kimparana. After the rainy season, her harvest is stockpiled for a time so that she can know the value before selling it at big markets in Kimparana and M’peresso and in the surrounding markets at retail and wholesale to a customer base made up of resellers usually coming from large cities. After the distribution of her farm products, Sitan S. expects to make a profit of 75,000 FCFA which will used to pay back the interest on the loan and the everyday expenses of her family.
View original language description ↓
Le groupe BENKADI I est constitué de femmes mariées du village de Ziekan de la préfecture de San, région de Ségou (quatrième région administrative de la république du Mali). Elles vivent dans des familles traditionnelles élargies, ont en moyenne 34 ans, au moins 5 enfants et cultivent de l’arachide.
Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 3 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur troisième prêt de campagne.
ASSITAN S. compte utiliser pour acheter, une quantité suffisante de semence d’arachide, des petits matériels et des intrants, exclusivement au grand marché de Kimparana. Après l’hivernage, sa récolte est stockée pendant un certain temps pour qu’elle ait de la valeur avant d’être vendue au grand marché de Kimparana, M’peresso et dans les marchés environnants en détail, en gros, au comptant à une clientèle compose de revendeurs venant généralement des grandes villes.
SITAN S. compte réaliser, après l’écoulement de son produit agricole, un bénéfice de 75.000 FCFA 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

  • $1,100
    Average annual income
  • 15
    View loans »
    Mali Loans Fundraising
  • $11,519,150
    Funds lent in using Kiva
  • 508.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi I Group's $675 loan helped a member purchase of input materials, seeds and small tools.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Jun 21, 2010
Aug 1, 2010
Currency Exchange Loss:
Mar 15, 2011