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Benkelema I Group
In this Group: Sata , Naminata, Tene , Kadia, Sali, Djenebou , Diatou
The members of the Bekelema I group are married women with an average age of 33 and, on average, 3 children, who all live in polygamous families in Woroda, one of the villages in Fakola, the 3rd administrative region of Mali. They are working with the Soro Yiriwaso microfinance institution in order to carry out their farming activities during the rainy season. This is their 5th loan from the institution. The previous loans have been properly repaid.

Sali, standing in front of the others in the picture and wearing a red headscarf, grows rice. She plans to use her loan to buy agricultural inputs and seeds, and to pay the labourers needed for the cultivation of 2 hectares of farmland. After the harvest, the produce will be sold in the village and in Fakola to a clientèle made up of men and women. She expects to make a profit of 190 500 francs per crop cycle. This profit will enable her to repay her loan and also to support her husband with the daily living expenses.
Les membres du groupe BEKELEMA I sont des femmes mariées ayant une moyenne d’âge de 33 ans, 3 enfants et vivant toutes dans des familles polygames à WORODA, un des villages de FAKOLA, 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 cinquième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est le riz avec SALI debout devant les autres en mouchoir rouge sur la photo.
Avec son prêt, elle compte acheter des intrants, la semence et payer les frais de labours pour exploiter 2 hectares.
La production est vendue au niveau du village et à FAKOLA après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 190.500FCFA 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

  • $1,100
    Average annual income
  • 23
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 496.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkelema I Group's $1,375 loan helped a member to buy agricultural inputs and seeds and to pay labour wages.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 11, 2013
Listed
Jul 24, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014