The 10 members of the BENKADI III group are married women who are all around 39 years old, with six children each; all of them live in polygamous families in Bobola, one of the villages in N'kouraba, the second largest region in Mali. They are working with the Soro Yiriwaso microfinance association in order to successfully drive their agricultural activities during the rainy season. They are on their third loan with the organisation. They grow peanuts and millet via Fanta, the first person standing up on the left in the photo. With her loan, she aims to purchase fertiliser, seeds and to pay the labour costs for cultivating 1 hectare of land. Once harvested, the crops are sold at the village to a customer base primarily made up of wholesalers and end consumers. She aims to generate an average profit of 95,000 FCFA per harvest. This profit will enable her to repay her loan and also to assist her husband with the family's expenditures.
Les 10 membres du groupe BENKADI III sont des femmes mariées ayant une moyenne d’âge de 39 ans, 6 enfants et vivant toutes dans des familles polygames à BOBOLA, un des villages de N’KOURABA, 2ème 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 de campagne avec l’institution.
La spéculation cultivée est l’arachide et le mil avec FANTA, 1ère personne debout de la gauche vers la droite sur la photo.
Avec son prêt, elle compte acheter des intrants, des semences et payer les frais de labour pour entretenir 1 hectare.
La production est vendue au niveau du village, après la récolte à une clientèle composée de revendeurs et de consommateurs.
Elle compte réaliser un bénéfice moyen de 95.000FCFA 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.