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Benkadi 5 Group
In this Group: Sanata Mpere , Fanta Soungalo , Korotoumou Napagana, Flamousso Alassane , Abi , Natogoma Adama , Nasseta Oussa, Waraba, Kary Yacouba , Mariam Moussa
The ten members of the Benkadi 5 group are married women who, on average, are 46 years old and have three children. They mostly live in traditional families in Zerlaba, one of the villages in Sikasso, the third administrative region of Mali. They are collaborating with the micro-finance institution Soro Yiriwaso in order to better carry out their farming activities during the rainy season. They are on their tenth loan, and their previous loans have all been repaid correctly.

Mariam Moussa, who is seated first from the right in the photo, grows groundnuts. With her loan, she plans to buy four 50-kilogram sacs of fertilizer and four drums of herbicide, and to pay the cost of labor to farm one hectare of land.

After the harvest, crops are sold in the village and in Sikasso to male and female customers for cash and credit.

Mariam Moussa hopes to earn an average profit of 140,000 francs CFA per harvest. These earnings will allow her to pay back her loan and its interest and help her husband with the daily expenses.
View original language description ↓
Les 10 membres du groupe BENKADI 5 sont des femmes mariées ayant une moyenne d’âge de 46 ans, ont en moyenne 3 enfants et vivant la plupart dans des familles traditionnelles à ZERLABA 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 dixième prêt de campagne avec l’institution de microfinance soro yiriwaso, les prêts antérieurs ont été bien remboursés.
La spéculation cultivée est l’arachide avec madame MARIAM MOUSSA assise à la première position de la droite vers la gauche sur la photo dans ce groupe de femme BENKADI 5.
Avec son prêt, elle compte acheter 4 sacs de 50 kg d’engrais, 4 bidons d’herbicide, payer les frais de labour pour entretenir 1 hectare.
Après la récolte la production est vendue au niveau du village, à SIKASSO à une clientèle composée d’hommes et de femmes au comptant et à crédit.
Elle compte réaliser un bénéfice moyen de 140 000 francs CFA par campagne.
Ce bénéfice lui permettra de payer son prêt et son intérêt, 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
  • 152
    View loans »
    Mali Loans Fundraising
  • $11,246,625
    Funds lent in using Kiva
  • 481.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi 5 Group's $2,025 loan helped a member to buy fertilizer and herbicide, and to pay the cost of labor.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 16, 2014
Listed
Jul 15, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014