The ten members of the Benkadi 1 Group are married women with an average age of 43 and an average of three children each. The majority of them live within traditional family frameworks in Fatia, a village in Sikasso Cercle, the third administrative region of Mali. They are collaborating with the Soro Yiriwaso microfinance institution so that they can see through their agricultural activities during the winter period. This is their seventh loan with Soro Yiriwaso, with whom their previous loans were paid back in full. The group's main produce is millet. The group's representative is Minata, the woman standing second from the right in the photo taken of the entire Benkadi 1 Group. With this loan, she is planning on buying seeds, two 50-kg sacks of fertiliser and two cans of herbicide, as well as paying for the labour costs to maintain three-quarters of a hectare of land. After the harvest, the produce is sold on a village level as well as at the markets of Sikasso to a customer base made up of both men and woman, accepting both credit and cash as payment. She is planning on making an average profit of 85,000 FCFA per season. These profits will allow her to pay off part of the loan and its interest and to also help her husband with their family's daily living expenses.
Les 10 membres du groupe BENKADI 1 sont des femmes mariées ayant une moyenne d’âge de 43 ans et ont en moyenne 3 enfants et vivant la plupart dans des familles traditionnelles à FATIA un village dans le cercle 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 septième prêt de campagne avec l’institution de microfinance soro yiriwaso, les prêts antérieurs ont été bien remboursés.
La spéculation cultivée est le mil avec madame MINATA débout à la deuxième position de la droite vers la gauche sur la photo dans ce groupe de femme BENKADI 1.
Avec son prêt, elle compte acheter, des semences, 2 sacs de 50 kg d’engrais, 2 bidons d’herbicide et payer les frais de labour pour entretenir 0,75 hectare.
Après la récolte la production est vendue au niveau du village, aux marchés de SIKASSO à une clientèle composée d’homme et de femme au comptant et à crédit.
Elle compte réaliser un bénéfice moyen de 85 000 FCFA par campagne.
Ce bénéfice lui permettra de payer d’une part son prêt et son intérêt et d’autre part aider son mari dans les dépenses quotidiennes de la famille.
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.