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Total loan: $2,150
Benkadi 5 Group
Zerlaba, , Mali / Agriculture
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Benkadi 5 Group's loan finished fundraising,
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A loan helped to pay for plowing and buy farm inputs and seed.
Benkadi 5 Group's story
The 10 members of this BENKADI 5 group are married women with an average age of 41 and three children on average, who mostly live in polygamous families in ZERLABA, one of the villages of the township of PIMPERNA in the prefecture of SIKASSO, third administrative region of Mali. They collaborate with the microfinance institution Soro Yiriwaso so that they can succeed in their agricultural activities during the rainy season. They are on their seventh loan with the institution, and their preceding loans were correctly reimbursed. The crops they cultivate are tomatoes and "jakatou" (a local vegetable), as for example in the case of DJENEBA, the first standing on the left in the photo. With her loan, she intends to pay for plowing expenses, to buy farm inputs, and seeds to farm one hectare of land. Her produce is sold in the village and in the market of SIKASSO after the harvest, to a clientele composed of men and women. She expects to make an average profit of 145,500 F CFA per season. This profit will allow her to repay her loan and to help her husband with day-to-day expenses. She hopes to continue this collaboration with Soro Yiriwaso so as to better manage her land and thus earn more from farming it.