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Benkadi I Group
In this Group: Sitan , Saly , Korotoumou, Aissa , Safiatou Lassina, Fatoumata , Awa Alou , Fanta , Fatoumata , Sitan S
Benkadi I is a group of married women from the village of Nikankan, of the outer neighborhood of Kimparana, a region of Segou, the fourth administrative region of the Republic of Mali. They live in traditional families. They are 29 years old on average and have at least 7 children. They raise peanuts and soy. With the intention of making their agricultural concerns profitable, the group members decided to join the Soro Yiriwaso credit program four years ago. After having fully repaid their previous loans, they are on their fourth country loan. Sitan, the first seated with her hand on the small bucket, expects to use her loan to buy a sufficient quantity of peanut and soy seeds, some light equipment, and agricultural fertilizers at the big market in Kimparana. After the rainy season, the harvests are stored for a certain amount of time so that they gain value before being sold at the big markets in Kimparana and San and at surrounding markets at retail (or often wholesale) for cash to a customer base generally coming from the big cities. The members of the group Benkadi I expect to each make a profit of 39,000 to 42,500 FCFA after the harvest of their agricultural products, which will be used to pay the interest on their loans and their families' current expenses.
View original language description ↓
BENKADI I est un regroupement de femmes mariées du village de NIKANKAN de l’ex arrondissement de Kimparana région de SÉGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles. Elles ont en moyenne 29 ans et au moins 7 enfants.
Elles cultivent de l’arachide et du soja. 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. Après avoir correctement remboursé les prêts précédents, elles sont à leur quatrième prêt de campagne.
SITAN, la première assise la main sur le petit seau, compte utiliser son prêt pour acheter, une quantité suffisante de semences d’arachide et soja des petits matériels et des intrants agricoles, 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 SAN, et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Les membres du groupe BENKADI I comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 39000 à 42500 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courantes 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
  • 15
    View loans »
    Mali Loans Fundraising
  • $11,512,075
    Funds lent in using Kiva
  • 451.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi I Group's $1,300 loan helped a member to purchase fertilizers, seeds, and light equipment.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
May 12, 2011
Jul 1, 2011
Currency Exchange Loss:
Apr 16, 2012