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Benkadi  Iii Group
In this Group: Mariam , Djeneba , Alia , Sanata , Awa Yiriba , Oumou , Koyan , Yiritio , Sata , Minata
The ten members of the Benkadi III Group are married women with an average age of 40 years, and an average of five children. They are all living in polygamous families in Komo, one of the villages of Baguineda, second administrative region of Mali. They are working with the microfinance institution Soro Yiriwaso to carry out their agricultural activities during the rainy season. The group is on their fifth loan cycle.

Mariam, shown standing the fourth from the left in the photo, grows crops of peanuts. With her ​​loan, she intends to buy agricultural inputs and seeds, and pay for they labor needed to maintain one and a half hectares of farmland. After the harvest, her produce is sold at the village market to a clientele composed of retailers and consumers.

Mamou hopes to earn an income of 200,000 Francs CFA per agricultural cycle. This income will allow her to repay her loan and also to help her husband with their daily expenses.
View original language description ↓
Les 10 membres du groupe BENKAN III sont des femmes mariées ayant une moyenne d’âge de 40 ans, 5 enfants et vivant toutes dans des familles polygames à KOMO un des villages de BAGUINEDA, 2ème 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.
La spéculation cultivée est l’ arachide avec MARIAM , 4 eme debout de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences et payer les frais de labour pour entretenir 1,5 hectare.
La production est vendue au niveau du village, au marché , après la récolte à une clientèle composée de revendeurs et de consommateurs.
Elle compte réaliser un bénéfice de 200.000FCFA 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
  • 20
    View loans »
    Mali Loans Fundraising
  • $10,282,350
    Funds lent in using Kiva
  • 503.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Iii Group's $1,900 loan helped a member to buy agricultural inputs and seeds, and pay for they labor needed to maintain one and a half hectares of farmland.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014