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Benkadi 3 Group
In this Group: Mamou , Salimata , Mariyama , Waraba , Matenin
The members of the Benkadi 3 group are married women. On average, they are 43 years old and have five children. They all live in polygamous families in Tibina, one of the villages in Sikasso (the 3rd administrative region of Mali).

The women collaborate with the Soro Yiriwaso microfinance institution in order to maintain their farming activities over the rainy season. This is their ninth loan with the institution and all their previous loans have been repaid in full.

Mariyama, pictured standing in the middle, grows maize. With her loan, she is planning to buy farm inputs and agricultural seed to cultivate one hectare.

After harvest, the produce is sold at the market in the village to both men and women customers.

Mariyama is hoping to make 100 000 CFA francs per campaign. This money will help her to pay off the loan and help her husband with day-to-day expenses.
View original language description ↓
Les membres du groupe BENKADI 3 sont des femmes mariées ayant une moyenne d’âge de 43 ans, 5 enfants et vivant toutes dans des familles polygames à TIBINA, 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 neuvième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est : le maïs avec Mme MARIAMA debout au milieu.
Avec son prêt, elle compte acheter les intrants et semences agricoles pour entretenir 1. 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 100.000 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

  • $1,200
    Average annual income
  • 26
    View loans »
    Mali Loans Fundraising
  • $9,975,475
    Funds lent in using Kiva
  • 505.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 3 Group's $575 loan helped a member to buy farm inputs and agricultural seed.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 29, 2013
Listed
Jul 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2014