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Benkadi 2 Group
In this Group: Kadiatou , Mariam, Diara , Adiara, Kadiatou, Sali , Naminata , Adiaratou , Bibata, Mariam Adama
The ten members of the Benkadi 2 group are married women who are, on average, 37 years old with three children each. They all live in traditional families in Tarakasso, one of the villages of Sikasso (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 fifth loan with the institution and have duly repaid their previous loans.

Kadiatou, the featured borrower, grows groundnuts and maize. In the photo, she is sitting, first from the right. She plans to use her loan to buy agricultural inputs, fertilizers, herbicide and seeds and to cover the cost of plowing on 0.75 hectare (1.85 acre) of land.

After the harvest, she sells her production in her village and at the market to a customer base consisting of men and women. She is expecting to make a profit of 115,000 CFA francs per growing season, which will allow her to repay her loan, help her large family and cover her children's healthcare costs.
Les 10 membres du groupe Benkadi 2 sont des femmes mariées ayant une moyenne d’âge de 37 ans, 3 enfants et vivant tous dans des familles traditionnelles 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 cinquième prêt avec l’institution et les autres prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide et le maïs avec Kadiatou assise à l’extrême droite sur la photo. Elle compte acheter avec son prêt, des intrants, l’engrais, herbicide, semences et payer les frais de labour pour entretenir 0,75hectare.
La production est vendue au niveau du village, au marché après la récolte elle vend à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 115.000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi aider la grande famille dans les dépenses quotidiennes et subvenir au frais de santé de ses enfants.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,408,925
    Funds lent in using Kiva
  • 489.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $1,450 loan helped a member to purchase farm inputs and seeds, and to pay for plowing.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014