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Benkadi 2 Group
In this Group: Sama Vamara , Rokia T , Chat D , Djeneba Y , Alimata Chaka , Niton , Kadiatou Y , Djeneba Bineifou , Abi Sinaly , Mawa Adama
The ten members of the BENKADI 2 group are married women who average 33 years of age and 3 children each. Most live in polygamous families in COMOROW, one of the villages of the LOULOUNI commune in LOULOUNI subprefecture, 3rd administratiave region of Mali. They collaborate with Soro Yiriwaso in order to successfully operate their agricultural businesses during the rainy season. This is their fourth loan with the institution and all previous loans have been fully repaid. Just like SAMA VAMARA C., the group's leader, the predominant crop grown is rice. With her loan, she plans to buy planting supplies and small tools to maintain 0.5 hectare. The crops are sold in the village after the harvest to a clientele composed of men and women. She expects to make a profit of 20,000 CFA at the end of the crop year, which will enable her to pay off her loan and also to cover some family expenses. She hopes to maintain this collaboration with Soro Yiriwaso in order to farm a larger area and make a greater profit.
View original language description ↓
Les dix membres du groupe BENKADI 2 sont des femmes mariées qui ont une moyenne d’âge de 33 ans, ont en moyenne 3 enfants et qui vivent la plupart dans des familles polygames à COMOROW un des villages de la commune de LOULOUNI dans la sous préfecture de LOULOUNI, 3ème région administrative du Mali.
Elles collaborent avec Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage. Elles sont à leur quatrième prêt avec l’institution et tous les prêts précédents se s ont bien dénoués.
La spéculation majoritairement cultivée est le riz à l’image de SAMA VAMARA C. la présidente du groupe.
Avec son prêt, elle compte acheter des intrants et les petits matériels pour entretenir : 0.5 hectare.
Le production est vendue au niveau du village après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 20.000 FCFA en fin de campagne, qui lui permettra de payer son prêt et aussi faire certaines dépenses familières.
Elle souhaite entretenir cette collaboration avec Soro Yiriwaso afin d’ exploiter un espace cultural encore plus grand pour mieux en tirer plus de gains.

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
  • 35
    View loans »
    Mali Loans Fundraising
  • $11,397,700
    Funds lent in using Kiva
  • 498.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $525 loan helped a member to buy planting supplies and small agricultural 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