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Benkadi 1 Group
In this Group: Sitan , Matary , Rokia , Nassaran , Diata , Setou, Barakissa , Dialia , Maimouna , Sali Salif
The ten members of the Benkadi 1 group are married women with an average age of 39 and an average of four children, living in polygamous families in Serekeni, a village in the commune of Loulouni in the subprefecture of Loulouni (Third Administrative Region of Mali). They work with Soro Yiriwaso, a microfinance institution, to better organize their farming activity during the rains. This is their fourth loan; the three previous loans have been repaid fully.

Sitan T. grows blackeyed peas and rice. With her loan she will buy fertilizer and small tools, and hire help to crop one hectare. Her produce will be sold in the village, and in the market in Loulouni to resellers. At the end of the season, she hopes for a profit of 65,000 FCFA, with which she will repay her loan and help her husband pay the day-to-day expenses of their family.
View original language description ↓
Les dix membres du groupe BENKADI 1 sont des femmes mariées ayant une moyenne d’âge de 39 ans, 4 enfants et vivant dans des familles polygames à SEREKENI un des villages de la commune de LOULOUNI dans la sous préfecture de LOULOUNI, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage. Elles sont à leur quatrième prêt avec l’institution et les trois prêts passés ont été bien remboursés.
Les spéculations cultivées sont :, le pois de terre et le riz tel le cas de SITAN T..
Avec son prêt, elle compte acheter des intrants, les petits matériels et prendre des manœuvres pour entretenir : 1h hectare.
La production est vendue au niveau du village et au marché de LOULOUNI après les récoltes à une clientèle composée de revendeurs.
Elle compte réaliser un bénéfice moyen de 65 000fcfa en fin de campagne.
Son bénéfice lui permettra de payer son prêt et aider son mari dans les dépenses quotidiennes 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

  • $1,200
    Average annual income
  • 84
    View loans »
    Mali Loans Fundraising
  • $10,910,925
    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 1 Group's $1,625 loan helped a member pay for seed, fertilizer, herbicide, tilling, weeding and hand tools.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 9, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011