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Benkadi 1 Group
In this Group: Djenba , Mahawa, Maimouna , Kadiatou , Mariam , Mariam, Mariam , Kadia , Minata M , Rokia
The 10 members of the Benkadi 1 group are married women, whose average age is 32 and who have, on average, five children each. They live with their husbands and children in Karangasso, which is located about 35 kilometers from the city of Niéna, in the region of Sikasso, which is the third administrative region of Mali.

These clients are currently on their fifth farming loan cycle with the Soro Yiriwaso microfinance institution, with the goal of fulfilling their need for means of production and soil inputs. All previous loans were paid back adequately.

This womens’ group works growing corn, rice, peanuts and okra.

Djenba, the group’s president, is going to use her loan to purchase two bags of urea and one bag of complex fertilizer, with the remaining amount going towards costs of labor, including hoeing. She is aiming for an average profit of between 25,000 and 35,000 CFA francs, which will be used to cover her family’s day-to-day expenses.
View original language description ↓
Les 10 membres du groupe BENKADI 1 sont des femmes mariées, avec une moyenne d’âge de 32 ans et en moyenne 5 enfants. Elles vivent avec leurs maries et enfants à Karangasso, un situé à environ 35 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 et de gombo.
DJENBA qui est la présidente du groupe utiliser son prêt pour acheter, 2 sacs durée 1 sac de complexe céréale et le reste comme frais de labour et de sarclage. Il envisage réaliser un bénéfice moyen de 25.000 à 35 000 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
  • 9
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    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 1 Group's $1,250 loan helped a member to purchase soil inputs and cover costs of labor.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 12, 2011
Listed
Jun 5, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012