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Benkadi I Group
In this Group: Sali , Kadiatou Yaya, Minata, Rahama, Lala , Korotoumou , Maimouna , Sounoukou , Kadiatou , Alima
The members of the group BENKADI I are married women who average 39 years of age and 5 children each. They all live in polygamous families in MASSAMAKANA, a commune of KEBILA in the KOLONDIEBA circle, a prefecture of the 3rd administrative region of Mali.

They joined the microfinance institution Soro Yiriwaso to sustain their farming activities during the rainy season, and this is their 7th time partnering with the MFI. All past loans were correctly repaid.

SALI grows groundnuts and rice. She is the member standing 2nd from the right in the group photo. She will use her loan to buy inputs and seeds, and to pay for the plowing needed to maintain 1 hectare of farmland.

After the harvest, the crops will be sold in the village and in Kebila to a clientele consisting of both men and women.

Sali expects to earn a profit of 150,000 FCFA, which she will use to repay her loan and to help her husband with day-to-day expenses.
Les membres du groupe BENKADI I sont des femmes mariées ayant une moyenne d’âge de 39 ans, 5 enfants et vivant toutes dans des familles polygames à MASSAMAKANA, commune de KEBILA, cercle de KOLONDIEBA, une des préfectures de la 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 avec l’institution, les prêts passés ont été bien remboursés. La spéculation cultivée est le riz et l’arachide avec SALI, 2ème personne debout sur la photo de la droite à la gauche. Avec son prêt, elle compte acheter des intrants, la semence et payer les frais de labours pour exploiter 1 hectare. La production est vendue au niveau du village, et à KEBILA après la récolte à une clientèle composée d’hommes et de femmes. Elle compte réaliser un bénéfice 150.000 FCFA qui servira à payer son prêt et aussi d’aider son mari dans les dépenses quotidiennes.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,726,175
    Funds lent in using Kiva
  • 482.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Benkadi I Group's $1,425 loan helped a member to buy inputs and seeds, and to cover the cost of plowing for the agricultural season.
84% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 14, 2014
Listed
Jul 10, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015