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Benkadi 7 Group
In this Group: Fanta Diarra , Fatoumata , Awa , Alima , Salimata Sangare , Mata , Biba Moussa , Djelika Diarra , Rokia Seydouba , Oumou
The 10 members of the Benkadi 7 group are married women, on average 30 years old, and have on average 4 children. They live with their husbands and numerous children in Memissala, about 30 km from the city of Niena in the Skiasso region, the 3rd administrative region of Mali. These clients are on their fifth loan with microfinance institution Sor Yiriwaso in order to satisfy their needs in terms of production and agriculture ingredients. The previous loans were satisfactorily repaid. This group of women grows corn, rice, peanuts, okra, etc. Fanta plans to buy 1 bag of urea and 2 bags of complex grains and the rest on labor and hoeing. She envisions making on average 20,000 – 30,000 FCFA, which will be used towards her family’s daily needs. She hopes to increase her sales in order to better satisfy her clientele.
View original language description ↓
Les 10 membres de groupe BENKADI 7 sont des femmes mariées ayant en une moyenne 30 ans, et ont en moyenne 4 enfants. EIles vivent avec leurs maries et leurs nombreux enfants à MEMISSALA, un situé à environ 30 km de la ville de NIENA région de Sikasso, 3ème région administrative du Mali.
Ces clientes sont à leur cinquième 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 .
FANTA compte acheter, 1 sac d’urée, 2 sac de complexe céréale et le reste comme frais de labour et de sarclage. Il envisage réaliser un bénéfice moyen de 20.000 à 30 000 FCFA qui sera utilisé pour les dépenses quotidiennes de la famille.
Il ambitionne d’augmenter son chiffre d’affaire pour mieux satisfaire sa clientèle.

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
  • 7
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 456.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 7 Group's $1,650 loan helped a member to buy agriculture ingredients and labor.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 11, 2011
Listed
Jun 4, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 12, 2012