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Benkelema 3 Group
In this Group: Kadia , Djeneba Yacouba , Korotoumou , Assatou , Awa , Fanta , Barakissa
The members of the BENKELEMA 3 group are married women who, on average, are 37 years old and have four children each. They all live in polygamous families in Monpiela, one of the villages of the commune of Niena, in the Sikasso region (third administrative region of Mali).

They have joined the microfinance institution Soro Yiriwaso in order to successfully carry out their farming activities during the rainy season. They are on their seventh loan with the institution and have duly repaid their previous loans.

The featured borrower, Kadia, grows groundnuts. In the photo, she is in the middle of the standing row. She plans to use her loan to buy seeds and fertilizers, in order to cultivate 1.5 hectare (3.7 acres) of land.

After the harvest, she sells her crop to both men and women, in her village and at the Sikasso market.

Kadia is expecting to make an average profit of 150,000 CFA francs per season. This profit will allow her to repay her loan and to help her husband cover the daily expenses.
View original language description ↓
Les membres du groupe BENKELEMA 3 sont des femmes mariées ayant une moyenne d’âge de 37 ans, 4 enfants et vivant toutes dans des familles polygames à Monpiela, un des villages de la commune de Niena dans la 3ème région administrative du Mali : SIKASSO.
Elles collaborent avec l’institution de micro finance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur septième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est : l’arachide avec Kadia debout au milieu.
Avec son prêt, elle compte acheter les semences et les engrais pour entretenir 1,5 hectare.
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 150.000 FCFA 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

  • $1,200
    Average annual income
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,215,175
    Funds lent in using Kiva
  • 494.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkelema 3 Group's $975 loan helped a member to buy agricultural inputs and seeds.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 24, 2013
Listed
Jun 11, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014