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Benkadi  2 Group
In this Group: Foufa, Assitan , Kadia , Alimata , Bata , Yah , Bintou , Hawa
"Benkadi 2" is a group of eight married women mostly in large traditional families. The women average 27 years of age and two children living in the village of Korobougou, in the rural community of Sébougou, in the 4th administrative region of the Republic of Mali which is Segou. They know one another through ties of marriage and kinship. With the goal of increasing their arable land during the winter, they turned to the micro-finance institution Soro Yiriwaso and are now on their first farm loan cycle. The group members over all are going to grow peanuts, millet, and sesame.

Ms. Foufa B. intends to use her loan for buying 30 kg of peanut seeds and 2 sacks of cereals fertilizer and for recruiting manual labor for plowing and weeding in the fields. She restocks her supplies at the Segou fair. Plowing the fields is men's work, while weeding is done by the women's association of the village. From three hectares of land, she plans on harvesting 5 sacks of millet, 18 sacks of peanuts, and 2 sacks of sesame.

The grains and a portion of the peanuts are consumed at home, while the sesame and the remainder of the peanuts are sold. The profits obtained will be used to cover household needs, schooling, and health care for the children.
View original language description ↓
Benkadi 2 est regroupement de huit femmes mariées majoritairement dans des grandes familles traditionnelles, qui ont en moyenne 27 ans et 2 enfants. Elles habitent le village de Korobougou dans la commune rurale de Sébougou dans la 4ème région administrative du Mali, qu’est Ségou et se sont connues à travers des liens de mariage et de parenté.
Dans le but d’augmenter leurs superficies de culture pendant l’hivernage, elles ont fait recours à Soro Yiriwaso et sont à leur 1er cycle de prêt de campagne. Les membres du groupe vont cultiver dans l’ensemble de l’arachide, du mil et du sésame.
Madame Foufa B. compte utiliser son prêt pour acheter, 30kg de semence d’arachide, 2 sacs de complexe céréale, recruter la main d’œuvre pour les activités de labour et de sarclage dans ses champs.
Elle se ravitaille en intrants à la foire de Ségou. Les activités de labour des champs sont l’œuvre des hommes alors que celles du désherbage sont effectuées par l’association des femmes du village.
Sur une superficie de 3 hectares, elle compte récolter 5 sacs de mil, 18 sacs d’arachide et 2 sacs de sésame. Les céréales et une partie de l’arachide sont auto consommées tandis que le sésame et le reste d’arachide sont vendus.
Le bénéfice obtenu est utilisé pour assurer les besoins du foyer, la scolarisation et les soins de santé des enfants.

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
  • 29
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 496.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $1,225 loan helped a member buying fertilizer (for grains) and peanut seeds and using manual labor for plowing and weeding.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 7, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011