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Benkadi 2 Group
In this Group: Alimata , Bintou , Nana , Bintou 2 , Kadia , Aissata , Djenebou , Alimata , Aminata , Awa 1
The ten members of the group Benkadi 2 are married women who live in traditional families. They average 40 years of age and 5 children each. They all live in the village of Temou, region of Ségou (4th administrative region of Mali). They know one another as neighbors, through ties of marriage and kinship, and through the farming activities they practice during the rainy season. They grow groundnuts, millet and rice.

They joined the mricrofinance institution Soro Yiriwaso to buy small farming equipment, to stock up on inputs and to pay for the cost of plowing the fields. This is the group’s 1st loan cycle with the MFI. Mrs. Nana, 2nd from the right, plans to use her loan to buy seeds and inputs in Markala and Ségou and small farming equipment from local blacksmiths, and to pay the young helpers who will be plowing her field.

At the end of the rainy season, she will sell her crop for cash. This will allow her to repay her loan and to support her children, and also to help provide for the family.
Les dix femmes de Benkadi 2 sont toutes mariées dans des familles traditionnelles. Elles ont en moyenne 40 ans et 5 enfants. Elles vivent toutes dans le village de Temou, 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 1er cycle du prêt de campagne. Madame Nana 2ème femme à partir de la droite compte utiliser son prêt pour s’acheter des semences, des intrants agricoles à Markala et 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.

Tags

About Mali

  • $1,100
    Average annual income
  • 21
    View loans »
    Mali Loans Fundraising
  • $11,383,950
    Funds lent in using Kiva
  • 492.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 2 Group's $875 loan helped a member to buy small farming equipment, seeds and inputs, and to pay for plowing labor.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2014