Check out some available loans that are similar to this one!
Benkadi B Group
In this Group: Fatoumata , Djeneba , Mafoune , Rokiatou, Awa Soli , Abi , Adiara Drissa , Sokono , Ramatou Kalili , Sali
The ten members of the group "Benkadi B" are married women averaging 45 years of age and four children each, all living in traditional 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 rainy season. They are on their third loan with the institution. The past loans were indeed paid back.

The crops grown are peanuts and corn, as is the case with Mafoune, who is standing in the middle of the photo. With her loan, she intends to purchase farm inputs, manure, herbicide, and seeds and to pay for plowing for maintaining 1 hectare.

After the harvest, the produce is sold in the village and at the market. She sells to a customer base composed of men and women. She plans on making a profit of 100,000 francs CFA per planting. This profit will enable her to repay the loan and also to help her big family to cover day-to-day expenses, as well as to pay for the children's healthcare.
View original language description ↓
Les 10 membres du groupe Benkadi B sont des femmes mariées ayant une moyenne d’âge de 45 ans, 4 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 micro finance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur troisième prêt avec l’institution et les autres prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide et le maïs avec Mafoune debout au milieu sur la photo. Elle compte acheter avec son prêt, des intrants, l’engrais, herbicide, semences et payer les frais de labour pour entretenir 1 hectares.
La production est vendue au niveau du village et au marché . Après la récolte elle vend à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 100.000 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
  • 51
    View loans »
    Mali Loans Fundraising
  • $10,437,500
    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 B Group's $1,025 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