The members of the Benkadi III group are married women, who on average are 42 years old, have six children and live in polygamous families in Korobarage, one of the villages of Sikasso, the 3rd administrative region of Mali. They collaborate with the Soro Yiriwaso microfinance institution in order to run their agricultural businesses during the rainy season. They are on their third loan with the institution, having paid back their previous loans in full. Their crop is corn with Ms. Mah standing in the second position from the left to the right of the photo. With this loan, she expects to buy plowing, seeds, and fertilizers to maintain .5. The output is sold at the village level in Sikasso after the harvest to a customer base made up of men and women. She expects to make a profit of 50,000 francs CFA by farming. This profit will allow her to pay back her loan and also to help her husband with the daily expenses.
Les membres du groupe BENKADI III sont des femmes mariées ayant une moyenne d’âge de 42 ans, 6 enfants et vivant toutes dans des familles polygames à KOROBARAGE, un des villages de SIKASSO, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de mener à bien leurs activités agricoles pendant l’hivernage.
Elles sont à leur troisième prêt avec l’institution, les prêts passés ont été bien remboursés.
La spéculation cultivée est le maïs avec Mme MAH debout en deuxième position de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter le labour, la semence et les engrais pour entretenir 0,5. La production est vendue au niveau du village, à SIKASSO après la récolte à une clientèle composée d’hommes et de femmes.
Elle compte réaliser un bénéfice de 50.000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.
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.