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Benkadi Ii Group
In this Group: Djeneba D , Chata , Awa , Sitan , Mah , Korotoumou M , Korotoumou , Alimata , Djeneba , Mamou
The members of the Benkadi II group are married women who, on average, are 43 years old and have five children. They all live in polygamous families in Tiala, one of the villages in Niena commune, Sikasso, third administrative region of Mali.

The group is collaborating with the micro-finance institution Soro Yiriwaso in order to better carry out their farming during the rainy season. They are on their third loan with the institution, and their previous loans have been repaid correctly.

Awa, standing in the middle [of the photo], grows groundnuts. With this loan, she plans to buy seeds and fertilizer and to pay the cost of labor to cultivate one hectare of land.

After the harvest, the crops are sold in the village and at the market to men and women customers.

Awa hopes to earn 80,000 francs CFA per harvest. These earnings will allow her to pay back her loan and also to help her husband with the everyday expenses.
View original language description ↓
Les membres du groupe BENKADI II sont des femmes mariées ayant une moyenne d’âge de 43ans, 5 enfants et vivant toutes dans des familles polygames à Tiala, un des villages de la commune de Niena dans la 3ème région administrative du Mali : SIKASSO.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur troisième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est l’arachide avec AWA debout au milieu.
Avec son prêt, elle compte acheter les semences, frais de labour et les engrais pour entretenir 1 hectare.
La production est 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 80.000 FCFA par 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
  • 18
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 500.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Ii Group's $950 loan helped a member to buy farm inputs and seeds and to pay for labor.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 3, 2013
Listed
Jul 21, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 20, 2014