Total loan: $1,900
Benkadi 5 Group
Memissala, Région de Sikasso, Mali / Agriculture
Flag of Mali
Benkadi 5 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy agricultural entrants and pay for plowing.
Benkadi 5 Group's story
BENKADI 5 groups ten married women whose average age is 30 with on average 3 children, living in traditional extended families in MEMISSALA, a village situated about 30 km from the town of NIENA, Sikasso region, third administrative region of Mali. These clients are on their fifth seasonal loan with the microfinance institution Soro Yiriwaso, in order to satisfy their needs relative to farming supplies and entrants. Their prior loans have been reimbursed satisfactorily. This group of women grow maize, rice, peanuts, okra and so on. FATOUMATA intends to buy three sacks of urea (fertilizer), two sacks of cereal-complex, and use the remainder of the loan to cover expenses for plowing and weeding. She expects to make an average profit of 40,000 to 55,000 F CFA which will be used for the everyday expenses of her family.