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Benkadi 2 Group
In this Group: Mariam Bakary , Abi Noumoutie , Chitan Salim , Kadia Seydou, Fatoumata , Diata , Bintou Chiaka , Alima , Djeneba Solo , Sali Komon
The members of the Benkadi 2 Group are married women who are on average 45 years old, have five children, and all live in polygamous families in Fanidiama, one of the villages in the Kadiolo Cercle of the Sikasso region (the third administrative region in Mali). They work with microfinance institution Soro Yiriwaso in order to successfully complete their agricultural activities during the rainy season.

The group is on their 11th loan with Soro Yiriwaso, the previous loans having been properly repaid.

The crop is groundnuts and belongs to Alima, standing in the middle [of the photo]. With her loan, Alima plans to purchase enough farm inputs and seeds for 1.5 hectares. After the harvest, the crop will be sold in the village market to a customer base made up of men and women.

Alima expects to see a profit from the loan of 120,000 CFA francs. This profit will allow her to pay her loan and also to help her husband with the daily expenses.
View original language description ↓
Les membres du groupe BENKADI 2 sont des femmes mariées ayant une moyenne d’âge de 45 ans, 5 enfants et vivant toutes dans des familles polygames à FANIDIAMA, un des villages de KADIOLO dans la région SIKASSO 3ème région administrative du Mali.
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 onzième prêt avec l’institution, les prêts passés ont été bien remboursés. La spéculation cultivée est: l’arachide avec ALIMA debout au milieu. Avec son prêt, elle compte acheter les intrants et semences pour entretenir 1,5 hectare.
La production est vendue au niveau du village, au marché après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 120.000 francs CFA 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.

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About Mali

  • $1,100
    Average annual income
  • 40
    View loans »
    Mali Loans Fundraising
  • $11,450,100
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD