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Benkadi 4 Group
In this Group: Moussodje , Sitan Lassine , Mamine Madou , Boh , Raba , Flaba , Gnani , Fatoumata Abdou , Awa , Sali Abdou
The ten members of the group Benkadi 4 are married women with an average age of 39 years old and an average of three children. For the most part, they live in polygamous families in Kantela, one of the villages in the Massigui commune, in the Dioïla prefecture, in the Koulikoro region, the second administrative region of Mali. They collaborate with the Soro Yiriwaso microfinance institution with the goal of better organizing their businesses at the beginning of the rainy season. The crops planted include pearl millet, rice and peanuts. They are on their fifth collaboration with the institution. With this new loan, Moussodje, who is seated in the middle, expects to buy the fertilizers, seeds, and small tools and pay the labor costs (for hoeing) to maintain around .5 hectares of pearl millet and peanuts. The products are sold at the city level in Massigui after the harvests to a customer base made up of men and women. They expect to make an average profit of 20,000 FCFA per plot of land.
View original language description ↓
Les dix membres du groupe Benkadi 4 sont constitués par des femmes mariées avec une moyenne d’âge de 39 ans et ont en moyenne 3 enfants. Elles vivent la plupart dans les 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 petit mil, le riz et l’arachide. Elles sont à leur cinquième collaboration avec l’institution.
Avec ce nouveau prêt, MOUSSODJE, qui est assise au milieu, compte acheter les intrants, les petits équipements et payer les frais de labours(sarclage) 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 20 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
  • 27
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    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 4 Group's $1,400 loan helped a member to purchase labor, seeds, fertilizer, herbicide, hoes and small tools.
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