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Benkadi Iii Group
In this Group: Djenebou , Awa Nouhoum , Chata , Kadiatou , Kadiatou , Toboucho , Bintou , Mamine , Sitan Solo, Safiatou
BENKADI III is a group in the married women’s association of the village of NIKANKAN, sub-prefecture of KIMPARANA, in the Cercle of San, Region of SÉGOU (4th administrative region of the Republic of Mali). The women live in traditional families, and they average 38 years of age and six children each. The group members grow peanuts. Concerned about making their plantations profitable, they decided to join the loan program of the micro-finance institution Soro Yiriwaso four years ago. After properly repaying the previous loans, they are now on their fourth farm loan.

SITAN, the first one standing in the photo and wearing a white and blue T-shirt, will use her loan to buy a sufficient amount of peanut seeds, sundry supplies and equipment, and some soil amendments for farming. These items will be purchased at the main market of SAN.

Following the off-season, the harvested crops are stocked for a certain time, so that they gain in value, and then are sold for cash at the main markets of MORIBILA and SAN and at surrounding markets. The customers generally come from large cities. After selling their produce, the group members each plan on making a profit of 45,000 to 85,000 francs CFA that will be used to repay the loan interest and to cover typical family expenses.
View original language description ↓
Le groupe BENKADI III est un regroupement de l’Association des femmes mariées du village de NIKANKAN de la sous préfecture de KIMPARANA du cercle San, région de SÉGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles. Elles ont en moyenne 38 ans et au moins 6 enfants.
Elles cultivent 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. Après avoir correctement remboursé les prêts précédents, elles sont à leur quatrième prêt de campagne.
SITAN, première debout en T-shirt bleu blanc, utilisera son prêt pour acheter, une quantité suffisante de semence d’arachide, des petits matériels et des intrants agricoles pour la culture, au grand marché de SAN. 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 MORIBILA,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 comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 45 000 à 85 000 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
  • 3
    View loans »
    Mali Loans Fundraising
  • $11,596,000
    Funds lent in using Kiva
  • 451.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD