Funded

Total loan: $900
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Benkadi 4 Group

Mali
Koutiala, Mali / Farming

A loan of $900 helped a member purchase of intrants, seeds, and minor agricultural materials.


Benkadi 4 Group's story

The Benkadi 4 group brings together married women of the village of Sirakélé, town of Koutiala, region of Sikasso (third administrative region of the Republic of Mali). They live in big traditional extended families with their children, husbands, parents-in-law, sisters-in-law, etc. They are 40 on average and have at least 5 children. They plant only peanuts.

In the interest of making their agricultural businesses profitable, the members of the Benkadi 4 group decided to join the loan program of Soro Yiriwaso five years ago. After having correctly reimbursed the four preceding loans, they are on their fifth rural loan.

This loan will be used to buy peanut seeds, small agricultural materials, and intrants for this crop in the big open-air market of Koutiala. After the rainy season, the harvest is stockpiled for a certain time until it gains value before being sold at the big marketplace of Koutiala and in surrounding markets, retail (often wholesale) and for cash, to a clientele mostly coming from the big cities.

Each of the members of the Benkadi 4 group expect to make, after their crops have been sold, a profit of 65,000 F CFA which will be used to reimburse the interest on the Soro Yiriwaso loan and for current family expenses.

In this group: Ramatou Tidiani , Aïssa Mori , Setou Bakary , Kadiatou , Fanta Sidiki , Minata , Chitan , Nana Madou , Mamou Amadou , Wassa Sékou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Teresa Kramer



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 12, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: May 12, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children