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Benkadi 3 Group
In this Group: Sanata Madou, Fatoumata , Maimouna , Niakoura , Biatou , Korotimou Meydou , Mamou Chaka, Oumou , Koniba , Safiatou
The ten members of Benkadi 3 Group ("harmony") are married women who, on average, are 35 years old and have five children. Most of them live in polygamous families in Konfon, one of the villages in the rural municipality of Banco, 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 and groundnuts. This is their first loan with the institution.

Maïmouna, the second woman sitting at the right-hand side of the photo, intends to use her loan to buy agricultural supplies and tools and pay for plowing and weeding. She has around 0.5 hectares of farmland to grow rice and groundnuts. The harvested products will be sold at the markets in Klè, Banco and N'Golobougou to a clientele made up of men and women. Maïmouna expects to make an average profit of around 60,000 CFA francs per season.
View original language description ↓
Les dix membres du groupe BENKADI 3 sont des femmes mariées avec une moyenne d’âge de 35 ans et ont en moyenne 5 enfants. Elles vivent la plupart dans des familles polygame à Konfon, un des villages de la commune rurale de Banco, 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 première collaboration avec l’institution.
Avec ce premier prêt, MAIMOUNA, la deuxième personne à partir de la droite dans le rang des assises, compte acheter les intrants, les petits équipements et payer les frais de labour et de sarclage pour entretenir environs 0,5 hectare de riz et d’arachide.
Les productions sont vendues au niveau du marché de Klè, de Banco et de N’Golobougou, après les récoltes à une clientèle composée d’hommes et de femmes. Elle compte réaliser un bénéfice moyen de 60 000F CFA 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
  • 33
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 458.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 3 Group's $1,075 loan helped a member to pay for plowing and weeding, and to buy seeds, fertilizer, herbicide and tools.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 8, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 11, 2012