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Benkadi 7 Group
In this Group: Sali Sidi , Karia Fousseyni , Sali Moussa , Machitan , Oumou , Ramatou
The six members of Benkadi 7 Group ("Harmony") are married women who, on average, are 30 years old and have two children. Most of them live in polygamous families in Kantela, one of the villages in the municipality of Massigui, prefecture of Dioïla, region of Koulikoro (second administrative region of Mali). They work with the microfinance institution Soro Yiriwaso to deal more efficiently with their activities when the winter season begins. They grow, among other products, rice, small millet and groundnuts. This is their fifth loan with the institution.

Machitan, the first woman standing at the left-hand side of the photo, intends to use her new loan to buy agricultural supplies and tools and pay for plowing. She has around 0.5 hectares of farmland to grow small millet and groundnuts. The harvest will be sold in the city of Massigui to a clientele made up of men and women. The group members expect to make an average profit of around 35,000 CFA francs per season.
View original language description ↓
Les six membres du groupe Benkadi 7 sont des femmes mariées avec une moyenne d’âge de 30 ans et 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 microfinance Soro Yiriwaso dans le but de pouvoir mieux organiser leurs activités en début d’hivernage. Les spéculations cultivées sont le riz, le petit mil et l’arachide. Elles sont à leur cinquième collaboration avec l’institution.
Avec ce nouveau prêt, MACHITAN, la première debout à gauche, compte acheter les intrants, les petits équipements et payer les frais de labours 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 35.000FCFA 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
  • 6
    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 7 Group's $625 loan helped a member to pay for plowing and buy seeds, fertilizers, herbicide and 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