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Benkadi I Group
In this Group: Koura , Adiara , Sali , Sanata , Setou , Sali , Diarra , Bintou , Sira , Batoma
The Benkadi I Group is made up of ten married women who have an average age of 38 years, and an average of five children. They are all living in polygamous families in Kassela, one of the villages of Bougouni, third administrative region of Mali. They are working with the microfinance institution Soro Yiriwaso to carry out their agricultural activities during the rainy season. The group is on their eleventh loan with the institution, and their prior loans have been repaid in full.

Koura, shown seated on the far right in the photo, grows crops of rice. With her ​​loan, she intends to buy agricultural inputs and seeds, and pay for the labor needed to maintain one and a half hectares of farmland. After the harvest, her produce is sold at the village market and in Bougouni to a clientele composed of men and women.

She hopes to earn an income of 150,000 Francs CFA per agricultural cycle. This income will allow her to repay her loan and to help her husband with their daily household expenses.
View original language description ↓
Le groupe BENKADI I est constitué de10 femmes mariées ayant une moyenne d’âge de 38 ans, 5 enfants et vivant toutes dans des familles polygames à KASSELA, un des villages de BOUGOUNI, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles hivernale.
Elles sont à leur 11éme prêt avec l’institution, les prêts passés ont été bien remboursés.
Le riz est la spéculation cultivée de KOURA la 1ére femme assise de la droite vers la gauche .
Avec son prêt, elle compte acheter des intrants, la semence et payer les frais de labour pour exploiter 1.5 hectares.
La production sera vendue au niveau du village et à BOUGOUNI, après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 150.000FCFA par campagne.
Ce bénéfice lui permettra de rembourser son prêt et d’aider son mari dans les dépenses quotidiennes de leur ménage.

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
  • 494.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi I Group's $1,175 loan helped a member to buy agricultural inputs and seeds, and pay for the labor needed during the agricultural cycle.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 8, 2013
Listed
Jul 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014