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Benkadi 2 Group
In this Group: Mereme , Hawa , Biba , Bibata , Soumba , Hawa , Kadia , Zele , Hawa , Binta
The members of the Benkadi 2 group are married women who, on average, are 35 years old and have five children. They all live in traditional families in Nagousso, in the Moribilia commune of the Cercle de San, in the fourth administrative region of Mali. The group is collaborating with the micro-finance institution Soro Yiriwaso in order to better carry out their work during the rainy season. They are on their fourth loan with the instition and their previous loans have all been repaid correctly.

Kadia, the first woman standing on the left in the photo, grows ground nuts. With this loan, she plans to buy farm inputs, seeds, some small farm equipment and to pay the cost of labor to maintain a quarter hectare.

After the harvest, the crops will be sold in the villages of San and Kimparana to men and women customers.

Kadia hopes to earn 35,000 francs CFA at the end of the season. These earnings will allow her to pay back her loan and also help her husband with the everyday expenses.
View original language description ↓
Les membres du groupe Benkadi 2 sont des femmes mariées ayant une moyenne d’âge de 35 ans, 5 enfants et vivant toutes dans des familles traditionnelles à NAGOUSSO, commune de moribila cercle de San, 4ème 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 4er prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide avec KADIA, 1 ere femme debout de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences, des petits matériels agricoles et payer les frais de labour pour entretenir 0,25 hectare.
La production sera vendue au niveau du village à San et Kimparana, après la récolte, à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 35.000FCFA en fin de 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
  • 13
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    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 2 Group's $1,050 loan helped a member to pay the cost of labor and to buy farm inputs, seeds, and small farm equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 11, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014