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Benkadi Ii Group
In this Group: Bintou , Tienourou , Gniri , Madiara , Alima Drissa , Mamou Nino , Alima Drissa, Karia Drissa , Koro Oumar , Sitan
The group Benkadi II is made up of married women from the village of Sokan in the San prefecture, a region of Ségou (fourth administrative reion of the Republic of Mali), who live in traditional families and who, on average, are 36 years old and have at least 4 children. They all grow peanuts. In order to make their agricultural businesses more profitable, the members of the group decided to join the Soro Yiriwaso loan program 3 years ago. After having fully paid back their previous loans, they are on their third farm loan. Bintou M., who is the president of the group, expects to use her loan to buy a sufficient quantity of peanut seeds, small tools and material inputs at the large market in Kimparana. After the rainy season, the crops are stored for a certain time so that they may be valued before being sold at the large market in Kimparana at retail (often at wholesale) for cash to a customer base largely coming from big cities. While the other group members each expect to make a profit of 30,000 FCFA after the sale of their agricultural products, which will be used to pay the interest on the loan and for the everyday needs of the family, Bontou M. expects a profit of 55,000 FCFA.
View original language description ↓
Le groupe BENKADI II est constitué de femmes mariées du village de Sokan de la préfecture de San, région de Ségou (quatrième région administrative de la république du Mali), qui vivent dans des familles traditionnelles et qui ont en moyenne 36 ans et au moins 4 enfants.
Elles cultivent essentiellement 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 3 ans.
Après avoir correctement remboursé les prêts précédents, elles sont à leur troisième prêt de campagne.
BINTOU M., qui est la présidente du groupe, compte utiliser son prêt pour acheter, une quantité suffisante de semence d’arachide, des petits matériels agricoles et des intrants, 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 en détail (souvent en gros) au comptant à une clientèle venant généralement des grandes villes.
Tandis que les autres membres du groupe comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 30 000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courantes de la famille, BONTOU M. elle, espère avoir 55000FCFA .

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
  • 40
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 506.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Ii Group's $1,050 loan helped a member purchase of material inputs, seeds, and small tools.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 22, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011