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Groupe 3 De Benkadi  Ii
In this Group: Kadia , Diassoun , Bintou , Fatoumata, Nabintou , Machata, Awa Madou , Aminata Vieux
Group 3 of the BENKADI II association is composed of eight women who are all married. They have an average age of 31, have an average of three children and all live in polygamous families in Memissala, which is located about 30 km from the city of Nien in Sikasso region, the third administrative region of Mali.
This group is applying for its fifth loan with the microfinance institution Soro Yiriwaso to meet their needs to support their agricultural production. The previous loans were all fully repaid.
This group of women is growing corn, rice, groundnut, okra, etc., and the profitability of these products in this regiion is considerable.
Kadia plans to buy a bag of urea, 1 / 2 a bag of grain complex and use the rest to cover the costs of plowing and weeding. She expects to make an average profit of 10 000 to 15 000 FCFA which will be used for daily expenses of her family.
View original language description ↓
Le Groupe 3 de l’association BENKADI II est composé de huit femmes qui toutes mariées. Elles ont une moyenne d’âge de 31 ans, ont en moyenne 3 enfants et vivent toutes dans des familles polygames à MEMISSALA, 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 etc et les rentabilités de ces spéculations dans cette zone sont bien reconnues.
KADIA compte acheter 1 sac d’urée 1/2 sac de complexe céréale et le reste comme frais de labour et de sarclage. Il envisage réaliser un bénéfice moyen de 10 000 à 15 000 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

  • $1,100
    Average annual income
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 456.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Groupe 3 De Benkadi Ii's $450 loan helped a member to purchase agricultural products and cover the costs of plowing and weeding.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 11, 2011
Listed
Jun 5, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 12, 2012