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Benkadi  I Group
In this Group: Alimata, Maïmouna Sidy , Assoun , Korotoumou , Aminata , Minata , Satou , Koumba , Kadia , Korotoumou
The ten members of the group "Benkadi I" are married women averaging 39 years of age and four children.  They live for the most part in polygamous families in Wobougou, a village in Dioïla prefecture, Koulikoro region (2nd administrative region of the Republic of Mali).  The group members are collaborating with the micro-finance institution Soro Yiriwaso with the goal of being better able to organize their work when winter begins.  Their crops include rice, pearl millet, peanuts, and beans.  The group members are on their second farm loan.  The previous loan was repaid. 

With the new loan, Ms. Alimata T., the group's president, intends to buy supplies and sundry equipment and to cover the cost of plowing for maintaining about 1.5 hectares of peanuts and beans.  After the harvests, the produce is sold to a customer base composed of consumers and retailers in the cities of Dioïla and Massigui. 

The group members plan on making an average profit of about 70,000 francs CFA each planting season.  The women of this group put all their hope into the smooth progress of the winter planting effort. 
View original language description ↓
Les dix membres du groupe Benkadi I sont des femmes mariées avec une moyenne d’âge de 39 ans et ont en moyenne 4 enfants. Elles vivent la plupart dans des familles polygames à Wobougou, un des villages de la préfecture de Dioïla, région de Koulikoro, 2ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage.
Les spéculations cultivées sont le riz, le petit mil, l’arachide et le haricot. Elles sont à leur deuxième prêt de campagne et le prêt précédent a été bien remboursé.
Avec ce nouveau prêt, ALIMATA T., la présidente du groupe, compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environ 1, 6 hectare d’arachide et de haricot.
Les productions sont vendues au niveau de la ville de Dioïla et Massigui après les récoltes à une clientèle composée de consommateurs et de revendeurs.
Elles comptent réaliser un bénéfice moyen de 70.000FCFA environ par campagne.
Les femmes du groupe Benkadi I portent tout leur espoir sur le bon déroulement de la campagne hivernale.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $9,975,475
    Funds lent in using Kiva
  • 500.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi I Group's $1,350 loan helped a member plowing, seeds, manure, herbicides, weeding, and equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 12, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011