Total loan: $775

Benkadi I Group

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Sikoro, Région de Sikasso, Mali / Agriculture

Benkadi I Group's loan finished fundraising,
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A loan helped to pay for plowing, farm inputs, and seeds.

Benkadi I Group's story

The ten members of the group “BENKADI I” are married women, who average 52 years of age and five children each, all living in polygamous families in SIKORO, a village in TIELE (2nd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the rainy season. They are on their 2nd farm loan with the institution. The crop grown is peanuts, as is the case with SATA, standing first from the right in the photo. With her loan, she intends to pay for farm inputs, seeds, and plowing to maintain: 0.5 hectare. After the harvest, the produce is sold to retailers and consumers in SIKORO. She plans on making an average profit of 35,000 francs CFA per planting. This profit will enable her to pay back her loan and also to help out her husband in covering day-to-day expenses.