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Benkadi B Group
In this Group: Chata , Biba , Sokona , Adiara Drissa , Achata, Sali Sibiri , Brarakissa , Djeneba , Fatoumata , Salimata
The members of the group BENKADI B are married women averaging 39 years of age and three children each. They all live in polygamous families in TARAKASSO, a village in SIKASSO (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the off-season. They are on their third loan with the institution. The past loans have indeed been paid back.

The crop is: peanuts, in the case of Biba, the second women standing from the left in the photo. With this loan, she plans on buying farm inputs and seeds and on covering the cost of plowing to maintain: two hectare.

The produce is sold in the village, at the SIKASSO market, after the harvest. The customer base is composed of men and women.

Biba plans on making an average profit of 165,500 francs CFA per planting. The profits will enable her to pay back the loan and also to help out her husband in meeting day-to-day expenses.
View original language description ↓
Les membres du groupe BENKADI B sont des femmes mariées ayant une moyenne d’âge de 39 ans, 3 enfants et vivant toutes dans des familles polygames à TARAKASSO, un des villages de SIKASSO, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur troisième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est : l’arachide avec Biba 2ème debout de la gauche vers la droite.
Avec son prêt, elle compte acheter des intrants, la semence et les frais de labours pour entretenir : 2 hectares.
La production est vendue au niveau du village, au marché de SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice moyen de 165.500FCFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 517.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi B Group's $1,050 loan helped a member to cover the cost of plowing and to buy farm inputs and seeds.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 12, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013