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Benkadi Vi Group
In this Group: Napoucho , Napre, Diarra , Kadiatou , Aissa , Korotoumou , Karia , Minata B
This BENKADI VI group is made up of married women from the village of NIAZEKAN, SÉGOU region (fourth administrative region of the Republic of Mali.) They live in extended traditional families and have an average age of 39 and at least eight children.

They essentially grow peanuts. Intent on making their agricultural ventures profitable, the members of the group decided to join the loan program of Soro Yiriwaso four years ago, and they are on their fourth rural (seasonal) loan, after having reimbursed the preceding loans correctly.

AISSA will use her loan to buy peanut seed, small equipment and agricultural entrants for the growing season at the big market of Kimparana. After the rainy season, the harvest is stockpiled for a certain time so that it is more valuable before being sold at the big market of Kimparana and in the surrounding markets, retail (often wholesale) and for cash, to a clientele generally coming from the big towns.

After selling her crops, AISSA expects to make a profit of 65,000 F CFA which will be used to reimburse the interest on the loan and for day-to-day family expenses. The members of the group are asking SORO YIRIWASO to continue this activity that allows them to enlarge their arable plots and cover their minor needs.
View original language description ↓
Le groupe BENKADI VI est constitué de femmes mariées du village de NIAZEKAN région de SÉGOU (quatrième région administrative de la république du Mali). Elles vivent dans des familles traditionnelles élargies avec en moyenne 39 ans et au moins 8 enfants.
Elles font essentiellement de la culture de l’arachide. Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 4 ans, et avec qui elles sont leur quatrième prêt de campagne, après avoir correctement remboursé les prêts précédents..
AISSA utilisera son prêt pour acheter, des semences d’arachide, des petits matériels et d’intrants agricoles pour la culture, au grand marché de Kimparana. Après l’hivernage, les récoltes sont stockées pendant un certain temps pour qu’elles aient de la valeur avant d’être vendues au grand marché de Kimparana et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
AISSA compte réaliser, après l’écoulement de sa production agricole, un bénéfice 65.000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courant de la famille. Les membres du groupe demande à SORO YIRIWASO de pérenniser cette activité qui leur permet d’élargir les parcelles cultivables et subvenir à leurs petits besoins.

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
  • 18
    View loans »
    Mali Loans Fundraising
  • $11,391,850
    Funds lent in using Kiva
  • 448.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Vi Group's $1,175 loan helped a member to buy agricultural entrants, seed, and small equipment.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 12, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012