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Benkelema  5 Group
In this Group: Mariam F , Maimouna , Awa A , Assata Y , Matou M , Diamy A , Sanata A
The 7 members of the BENKELEMA 5 group are married women who are on average 33 years old with 5 children. They live in polygamous families in Konona, located approximately 30 km from the Niena commune in the Sikasso region, 3rd administrative region of Mali. These clients are on their third campaign loan cycle with the Soro Yiriwaso microfinance institution in order to meet the need for means of production and agricultural fertilizer. The previous loans have been satisfactorily repaid. This group of women grows corn, rice, peanuts, okra, etc. MARIAM plans to buy 3 bags of urea, 2 bags of complex fertilizer and use the remainder of the loan for labor and weeding costs. She expects to make an average profit of 45,000 to 50,000 CFA which will be used for the family’s everyday expenses.
View original language description ↓
Les 7 membres du groupe BENKELEMA 5 sont des femmes mariées qui ont une moyenne d’âge de 33 ans, et ont en moyenne 5 enfants. EIles vivent dans des familles polygames à Konona, un situé à environ 30 km de la ville de NIENA région de Sikasso, 3ème région administrative du Mali.
Ces clientes sont à leur troisième cycle de prêt de campagne avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin en moyen de production et intrant agricole. Les prêts antérieurs ont été remboursés avec satisfaction.
Ce groupe de femme fait la culture du maïs, du riz, d’arachide, de gombo etc.
MARIAM F compte acheter, 3 sacs d’urée, 2 sacs de complexe céréale et le reste comme frais de labour et de sarclage. Il envisage réaliser un bénéfice moyen de 45.000 à 50 000 FCFA qui sera utilisée pour 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
  • 6
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 454.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkelema 5 Group's $1,100 loan helped a member to buy agricultural fertilizer and pay for labor costs.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 10, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 23, 2012