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Benkadi Vi Group
In this Group: Seba Sidiki , Kadia Kalifa , Awani Bourama , Korotoumou Marie, Safoura Sekou , Rokia Adama , Maimouna Amadou , Djelika Lamine , Kadia Issa , Afiatou
The ten members of the Benkadi VI group are married women who are, on average, 38 years old with three children each. They all live in traditional families in Tionsso, one of the villages of the Cercle of Koutiala (third administrative region of Mali).

They have joined the microfinance institution Soro Yiriwaso in order to successfully carry out their farming activities during the rainy season.

They are on their fourth loan with the institution and have duly repaid their previous loans.

Korotoumou, a member of the group, is a rice farmer. In the photo, she is in the standing row, third from the right.

She plans to use her loan to buy farm inputs, seeds, small tools, and to cover the cost of plowing to cultivate one hectare (2.47 acres) of land.

After the harvest, she will sell her production to both men and women, in her village and at the market.

She is expecting to make a profit of 110,000 CFA francs at the end of the growing season. This profit will allow her to repay her loan and to help her husband with the daily expenses.
View original language description ↓
Les 10 membres du groupe Benkadi VI sont des femmes mariées ayant une moyenne d’âge de 38 ans, 3 enfants et vivant toutes dans des familles traditionnelles à Tionsso, un des villages de Koutiala, 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 quatrième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est le riz avec Korotoumou, 3 ème debout de la droite vers la gauche 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 1 hectare.
La production sera vendue au niveau du village et au marché, après la récolte, à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 110.000FCFA 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

  • $1,100
    Average annual income
  • 22
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    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 Vi Group's $1,675 loan helped a member to cover the cost of plowing and weeding, and to buy seeds, farm inputs and tools.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2014