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Benkadi 2 Group
In this Group: Nènè Moussa , Maminè , Baro , Wassa , Alimata Ab , Djelika , Aminata
The seven women of "Benkadi 2" are all married in traditional families, and they average 36 years of age and two children each, all living in the village of Sokolobala, in Région de Ségou (4th administrative region of the Republic of Mali). The women know one another through their rainy season farm work and through ties of community, marriage, and kinship in the village. They grow peanuts, millet, and rice.

With the goal of paying for sundry equipment, labor, and weeding and stocking up on farm inputs, the group joined the microfinance institution Soro Yiriwaso and are now on their second farm loan cycle.

Ms. Nènè Moussa (the first woman crouching in front in the photo) is a great leader of rainy season farm work in the village of Sokolobala. She intends to use her loan to purchase seeds and farm inputs in Ségou, and sundry equipment, as well as to pay young people to do weeding.

At the end of the rainy season, the produce is sold in cash to repay the loan and then to have the income to take care of the children with some left for the family.
View original language description ↓
Les sept femmes de Benkadi 2 sont toutes mariées dans des familles traditionnelles. Elles ont en moyenne 36 ans et 2 enfants. Elles vivent toutes dans le village de Sokolobala, 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, de payer la main d’œuvre pour le sarclage des champs, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 2ème cycle du prêt de campagne.
Madame Nènè Moussa(première femme baissée devant sur la photo), est une grande meneuse d’activités agricoles hivernales dans le village de Sokolobala.Elle compte utiliser son prêt pour s’acheter des semences, des intrants agricoles à Ségou, des petits équipements, 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.

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
  • 25
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 496.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $700 loan helped a member to pay for sundry equipment, seeds, farm inputs, labor, and weeding.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 17, 2013
Listed
Jul 24, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014