Total loan: $1,425
Benkadi I Group
Massamakana, , Mali / Agriculture
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A loan helped to buy inputs and seeds, and to cover the cost of plowing for the agricultural season.
Benkadi I Group's story
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.