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Benkadi 6 Group
In this Group: Nawa Fatogoma , Kourbi , Korotoumou Yaya , Mamine , Minata Chaka , Dialia , Assetou Moussa , Fanta Zie , Afou Soungalo , Souko
The members of the group called BENKADI 6 are married women with an average age of 44 and five children on average, all living in polygamous families in FANIDIAMA, one of the villages of KADIOLO in the region of SIKASSO, third administrative region of Mali.

They collaborate with the microfinance institution Soro Yiriwaso in order to succeed in their agricultural activities during the rainy season.

They are on their eleventh loan with the institution and their past loans have been correctly reimbursed. Nawa Fatogoma, standing in the middle of the photo, grows peanuts. With her loan she intends to buy seeds and farm inputs for one and a half hectares.

Her produce will be sold in the village, at the market of Sikasso, after the harvest, to a clientele composed of men and women. She expects to make 170,000 francs CFA in profit per growing season. This profit will allow her to repay her loan and help her husband with daily expenses.
View original language description ↓
Les membres du groupe BENKADI 6 sont des femmes mariées ayant une moyenne d’âge de 44 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 NAWA FATOGOMA debout au milieu. Avec son prêt, elle compte acheter les semences et intrants 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 de 170.000 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.

About Mali

  • $1,100
    Average annual income
  • 29
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 491.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 6 Group's $1,250 loan helped a member to buy farm inputs and seeds for agriculture.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 4, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014