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Benkadi 2 Group
In this Group: Korotoumou , Rokia Bassidi , Sali , Magnini , Minata , Mariyama Bourama , Mama , Noumoumousso, Djelika Fousseyni , Gneba
The 10 members of the Benkadi 2 group are all married women with an average age of 47 and an average of 2 children. Most of them live in polygamous families in Kantela, one of the villages of the Massigui commune, Dioïla prefecture, Koulikoro region, the 2nd administrative region of Mali.
They are working with the microfinance institution Soro Yiriwaso to better organize their business before the wintering. The crops grown include rice, millet, and peanuts. They are on their fifth loan with Soro Yiriwaso.
With this new loan, Rokia, standing second from the right, plans on buying agricultural inputs, small equipment, and paying labor costs to maintain about 0.5 hectare of millet and peanuts.
The harvested crops are sold in the city of Massigui to a customer base made of both men and women. They hope to make an average profit of 40,000 FCFA per harvest cycle.
View original language description ↓
Les dix membres du groupe Benkadi 2 sont des femmes mariées avec une moyenne d’âge de 47 ans et ont en moyenne 2 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 micro finance Soro Yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont entre autres le riz, le petit mil et l’arachide. Elles sont à leur cinquième collaboration avec l’institution.
Avec ce nouveau prêt, ROKIA, qui la deuxième debout à gauche, compte acheter les intrants, les petits équipements et payer les frais de labour pour entretenir environs 0,5 hectare de petit mil et d’arachide.
Les productions sont 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.

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
  • 34
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    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 2 Group's $1,325 loan helped a member to pay for labor, seeds, fertilizer, herbicide, 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