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Benkadi 1 Group
In this Group: Bintou , Assitan , Djelika , Bintou , Awa , Awa , Ramatou , Rokia , Massitan, Kadia
The women of the Benkadi 1 group are married and living in traditional families. They average 38 years of age, with three children. They all live in the town of Moussabougou, in the Segou region (the fourth administrative region of Mali). They know each other through their seasonal agricultural work, as well as through being neighbors or relatives by blood or marriage. They grow peanuts, millet and rice. With the goal of buying small tools, stocking up on agricultural inputs [fertilizers etc] and paying the cost of labor for weeding their fields, the group members have found Soro Yiriwaso and are now on their second agricultural cycle loan. Mrs. Bintou, the one seated with a bowl on her head in the photo, is well known as a farmer in the Moussabougou village. She plans to use her loan to buy seeds and agricultural inputs in Segou, small tools from local ironmongers and to pay young people to weed her field. At the end of the rainy season, her produce will be sold for cash so as to repay her loan and provide for her children’s needs and some of her household needs.
View original language description ↓
Les femmes de Benkadi 1 sont toutes mariées dans des familles traditionnelles. Elles ont en moyenne 38 ans et 3 enfants. Elles vivent toutes dans le village de Moussabougou, 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 Bintou assise avec la tasse sur la tète dans la photo, est une grande meneuse d’activités agricoles hivernales dans le village de Moussabougou.Elle 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

  • $1,200
    Average annual income
  • 37
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    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 $725 loan helped a member to buy small tools, seeds and agricultural inputs as well as pay for the labor costs of weeding.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 31, 2013
Listed
Aug 8, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2014