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Benkan  1 Group
In this Group: Natènè , Ami , Baga , Tanadio, Moussony Many , Naba , Nasira , Kendia
Mostly married in large traditional families with an average of 39 years of age and five children, the members of the Benkan 1 group all live in the village of Kenioro in the Koulikoro region (second administrative region of Mali) and became acquainted through family, marriage and neighborhood ties.

To recruit the youth association to cultivate their field and ensure agricultural inputs are available at the beginning of the rainy season, they turned to Soro Yiriwaso and are in their third seasonal loan cycle. The group will grow rice and groundnuts.

Mrs. Natène (the woman standing at the far left in the photo) is a major groundnut producer in the village.

She plans to use the loan to buy four bags of fertilizer consisting of urea and a mixture of grains, one liter of herbicide, 50 kgs of groundnut kernels, and hire the village youth association to perform plowing and weeding. She gets her agricultural inputs in Siby.

With an area of ​​1.50 ha (3.7 acres) she hopes to harvest 40 bags of groundnuts and 5 bags of rice. Part of the production is sold to ensure household daily needs and the rest is used for family consumption.
View original language description ↓
Mariées majoritairement dans des grandes familles traditionnelles avec en moyenne 39 ans et 5 enfants, les membres du groupe BENKAN 1 vivent toutes dans le village de Kenioro dans la région de Koulikoro (2ème région administrative du Mali) et se sont connues à travers des liens de parenté, de mariage et de voisinage. Dans le but de recruter l’association des jeunes pour effectuer le sarclage de son champ et d’avoir des intrants agricoles à leur disposition en début d’hivernage, elles ont fait recours à Soro Yiriwaso et sont à leur 3ème cycle de prêt de campagne. Les membres du groupe vont cultiver le riz et l’arachide.
Madame Natènè (femme debout à l’extrême gauche sur la photo) est une grande productrice d’arachide dans le village. Elle compte utiliser son prêt pour acheter 4 sacs d’engrais constitués d’urée et de complexe céréales, un litre d’herbicide, 50kg de grains d’arachide et utiliser l’association des jeunes du village pour effectuer le labour et le désherbage. Elle se ravitaille en intrants agricoles à Siby. Avec une superficie de 1,50ha, elle espère récolter 40 sacs d’arachide et 5 sacs de riz. Une partie de la production serait vendue pour assurer les besoins du foyer en au quotidien et le reste serait auto consommé en 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

  • $1,100
    Average annual income
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 501.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkan 1 Group's $1,025 loan helped a member to buy groundnut kernels, fertilizers, herbicides and use men to do the plowing and weeding.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014