Benkadi 2 Group
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.
Important InformationSoro 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
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Success!! The loan was 100% repaid