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Benkadi 1 Group
In this Group: Chitan , Rokia , Fatoumata Chaka , Karia , Mariyama Youssouf , Mansa , Chata Yaya , Djeneba Drissa , Zele , Awa Soka
The ten members of the Benkadi 1 group are married women with an average age of 50, and an average of 3 children each. Most of them live in polygamous families in Kantela, one of the villages in the commune of Massigui, Dioïla prefecture, Koulikoro region, 2nd administrative region of Mali. The women are collaborating with micro-finance institution Soro Yiriwaso so they can better organize their activity as the rainy season begins. Crops grown by the group include rice and groundnuts, among others.

This is their 5th collaboration with Soro Yiriwaso. With this new loan, Mansa, standing, in the middle of the photograph, plans to buy farm inputs, small equipment and to pay for plowing costs for around 1 hectare of rice and groundnuts. The crops will be sold in Massigui after the harvest, to customers who are both men and women.

The women of the group expect to make an average profit of 40,000 CFA francs per season after all their expenses. They are happy with Soro Yiriwaso and are confident of sustaining their farming practices with the help of Soro Yiriwaso/Kiva.
View original language description ↓
Les dix membres du groupe Benkadi 1 sont des femmes mariées avec une moyenne d’âge de 50 ans et ont en moyenne 3 enfants. Elles vivent la plupart dans des familles polygames à Kantela, un des villages de la commune de Massigui, préfecture de Dioïla, région de Koulikoro, 2ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont entre autres le riz et l’arachide. Elles sont à leur cinquième collaboration avec l’institution.
Avec ce nouveau prêt, MANSA, qui est debout en milieu, compte acheter les intrants, les petits équipements et payer les frais de labours pour entretenir environs 1 hectare de riz et d’arachide.
Les productions seront vendues au niveau de la ville de Massigui après les récoltes, à une clientèle composée d’hommes et de femmes. Elles comptent réaliser un bénéfice moyen de 40 000FCFA environs par campagne après toutes dépenses.
Les femmes du groupe Benkadi 1 se disent satisfaites de la collaboration avec Soro Yiriwaso et portent toute leur confiance pour une agriculture durable avec l’aide de Soro Yiriwaso/Kiva.

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
  • 11
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 450.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 1 Group's $1,275 loan helped a member pay for plowing, seeds, fertilizer, weedkiller and small equipment.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 6, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012