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Benkadi Minanan 2 Group
In this Group: Djeneba , Sounkoura , Saran , Tene , Djosoun , Fatoumata
Group Benkadi Minanan 2 is composed of six married women who are on average 53 years old with six children. Most of them live in traditional extended families in Kafla, one of the villages of the rural township of Banco in Dioila prefecture, Koulikoro region (Mali's second administrative region).
The women of this group are collaborating with micro-finance organization Soro Yiriwaso in order to better organize their activities at the beginning of the rainy season. The species they cultivate include rice and groundnuts. They are on their first collaboration with the organization.
Saran, the second person sitting from the right, is hoping to buy agricultural intrants and light agricultural equipment with her loan, as well as pay for plowing and weeding expenses to maintain about 2 acres of rice and groundnuts.
After the harvest, productions are sold locally at the village market as well as in markets in Banco and N’Golobougou, to a clientele composed of consumers and retailers. Saran is planning on an average profit of about 85,000 FCFA at the end of the cycle.
View original language description ↓
Le groupe BENKADI MINANAN 2 est constitué de six femmes mariées ayant en moyenne 53 ans, 6 enfants et vivant la plupart dans des familles traditionnelles élargies à Kafla, un des villages de la commune rurale de Banco, préfecture de Dioïla, région de Koulikoro, 2ème région administrative de la république du Mali.
Ces femmes du groupe 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.
SARAN, la deuxième personne assise à droite, espère acheter avec son prêt les intrants, les petits matériels agricoles et payer les frais de labour et de sarclage pour entretenir environs 0,75 hectare de riz et d’arachide.
Les productions sont vendues sur place au marché du village, au niveau du marché de Banco et de N’Golobougou, après les récoltes à une clientèle composée de consommateurs et de revendeurs. SARAN envisage réaliser un bénéfice moyen de 85 000F CFA en fin de 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

  • $1,100
    Average annual income
  • 30
    View loans »
    Mali Loans Fundraising
  • $11,463,475
    Funds lent in using Kiva
  • 461.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Minanan 2 Group's $675 loan helped a member to play for plowing, agricultural intrants, weeding and light agricultural equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 10, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 11, 2012