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Benkadi 1 Group
In this Group: Fatoumata , Assetou , Djeneba , Fatoumata S , Mafounè , Djenebou , Kadia , Mariam , Maimouna , Fatoumata
The women of this group called Benkadi 1 are all married in traditional families. They have an average age of 37 and on average three children. They all live in the village of Dioni, in the region of Ségou (fourth administrative region of Mali). They met through their rainy season agricultural work, and through bonds of neighborhood, marriage, and kinship in the village. They grow peanuts, millet and rice.

Wishing to buy tools, to purchase enough farm inputs, and to pay for day laborers to weed their fields, the members of the group found Soro Yiriwaso and are on their second seasonal loan.

Madame Fatoumata, the second woman sitting from left to right in the photo, intends to use her loan to buy seeds and farm inputs in Segou, to purchase tools made by local blacksmiths, and to pay young men to weed her field. She sells her agricultural produce for cash at the end of the rainy season to repay her loan and in order to have income to cover the needs of her children and part of those of the extended family.
View original language description ↓
Les femmes de Benkadi 1 sont toutes mariées dans des familles traditionnelles. Elles ont en moyenne 37ans et 3 enfants. Elles vivent toutes dans le village de Dioni, 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 connu Soro Yiriwaso et sont à leur 2ème cycle du prêt de campagne. Madame Fatoumata 2ème femme assise à gauche vers la droite dans la photo compte utiliser son prêt pour s’acheter des semences, des intrants agricoles à Ségou, des petits équipements chez les forgerons locaux, 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

  • $1,100
    Average annual income
  • 29
    View loans »
    Mali Loans Fundraising
  • $11,391,925
    Funds lent in using Kiva
  • 494.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 1 Group's $525 loan helped a member to buy tools, seeds and farm inputs, and pay for day laborers to weed the fields.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 31, 2013
Listed
Aug 7, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2014