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Benkadi Ii Group
In this Group: Mariam , Fanta , Ami , Nana, Ami , Djeneba , Setou , Ami , Sanata , Kadia
Group Benkadi II is composed of ten married women from the village of Dangasso, San prefecture in Ségou region (fourth administrative region of the Republic of Mali). They live in traditional families. They are on average 38 years old with at least seven children.
They cultivate groundnuts, fonio and sesame. In order to make their farms more profitable, the group's members have decided to be a part of Soro Yiriwaso's loan program for three years now. Having successfully repaid previous loans, they are on their third farming loan.
Mariam, the group's president, is the first woman standing to the right of the picture, with a blue-speckled white scarf. She plans on using her loan to purchase sufficient quantities of groundnut and fonio seeds, as well as small equipment and agricultural inputs, from the great market of San. After the rainy season, crops are stored for a certain time to gain value before they are sold at the great markets of San and Kimparana, and on neighboring markets, either retail or (often) wholesale, to customers who mostly come from larger cities.
After selling their agricultural products, the members of the Benkadi II group plan on making each a profit comprised between 31,000 and 49,000 FCFA, which will be used to repay the loan's interest and for the family's daily expenses.
View original language description ↓
Le groupe BENKADI II est constitué de 10 femmes toutes mariées du village de DANGASSO de la préfecture de 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 7 enfants.
Elles cultivent de l’arachide du fonio et du sésame Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 3 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur troisième prêt de campagne.
MARIAM, la présidente du groupe, qui est la première debout à droite avec une écharpe blanchâtre tachetée de bleu, compte utiliser son prêt pour acheter, une quantité suffisante de semences d’arachide, de fonio, des petits matériels et des intrants 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 SAN et Kimparana 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 II comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 31000 à 49000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courant 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
  • 22
    View loans »
    Mali Loans Fundraising
  • $9,975,475
    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 Ii Group's $1,125 loan helped a member to buy fertilizer, seeds and small equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 13, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012