The six women who make up the Benkadi 4 group are all married within traditional families. On average, they are 38 years old and have three children each. They all live in the village of Fabougou, in the region of Ségou (fourth administrative region of Mali). They know one another through their seasonal farm work and also through neighborhood, marriage and family ties within the village. They grow groundnuts, millet and rice.
They have joined Soro Yiriwaso in order to buy small tools and farm inputs, and they are on their second farming loan.
Hawa (seated first from the right in the photo) is an important leader of farming activities during the rainy season in the village of Fabougou. She plans to use her loan to plow her field, to buy seeds and fertilizers, and then to hire some young people for weeding.
She sells her crops for cash at the end of the rainy season and this allows her to repay her loan and have enough revenues to take care of her children and, to some extent, of her family.
Les six femmes de Benkadi 4 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 adhéré à Soro Yiriwaso et sont à leur 2ème cycle du prêt de campagne.
Madame Hawa (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.
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.