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Benkadi 3 Group
In this Group: Maissata , Kadiatou D , Maimouna , Bintou , Satou , Alimata , Bintou , Minata , Bintou , Hawa
The ten women of the Benkadi 3 group are married and live in traditional families. They, on average, are 38 years old and have three children. They all live in Fabougou in the region of Segou (the fourth administrative region of Mali). They know each other from their farming in the rainy season and through neighborhood, marriage, and family ties.

This group grow groundnuts, millet, and rice. With the goal of buying small pieces of equipment and supplying themselves with farm inputs, the members of the group joined Soro Yiriwaso and are now on their second loan cycle of the season.

Maissata (the women seated in the front on the right in the photo) leads the farming during the rainy season in Fabougou. She plans to use her loan to plow her field, buy seeds and fertilizers, and then to pay some young people to weed her field.

Sales of the crops for cash at the end of the rainy season will be used to pay back her loan and to support her children and a part of her family.
View original language description ↓
Les dix femmes de Benkadi 3 sont toutes mariées dans les familles traditionnelles. Elles ont en moyenne 38ans et 3 enfants. Elles vivent toutes dans le village de Fabougou dans la région de Ségou (4ème région administrative du Mali). Elles se sont connues à travers leurs activités agricoles hivernales, des liens de voisinage, de mariage et de parenté dans le village. Elles font la culture d’arachide, du mil et du riz. Dans le but de s’acheter de petits équipements, de s’approvisionner en intrants agricoles, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 2ème cycle du prêt de campagne.
Madame Maissata (femme assise au bout à droite dans la photo) est une grande meneuse d’activités agricoles hivernales dans le village de Fabougou. Elle compte utiliser son prêt pour labourer son champ, s’acheter des semences et d’engrais puis payer les jeunes pour sarcler son champ. La vente de ses produits agricoles se fait au comptant à la fin de l’hivernage pour payer son prêt et afin d’avoir de revenu pour prendre la charge des enfants, et une partie de celle de la famille.

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
  • 5
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 513.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 3 Group's $1,025 loan helped a member to buy seeds and farm inputs and to pay the cost of labor.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 13, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014