Funded

Total loan: $650
Powered by 14 lenders

Benkadi 2 Group

Mali
Fana , Mali / Farming

A loan of $650 helped a member to buy seeds, fertilizers, small materials, and to pay for the cost of labour and hoeing of 10 hectares.


Benkadi 2 Group's story

The Benkadi 2 group is composed of 10 married women who average 30 years of age and 3 children. They live in polygamous families in Massoukou, one of the villages in the rural city of Tingolé, Fana subprefecture, 2nd administrative region of Mali.

They are seeking their first loan from Kiva's partner, the microfinance organization Soro Yiriwaso, in order to be able to realize their rainy season activities. They exclusively grow peanuts, which is still the main crop in the area. This loan will be used to buy seeds, fertilizers, small materials, and to pay for the cost of labour and hoeing of 10 hectares. After the harvest, the production will be sold, mainly for cash, at the following markets : Marka-Coungo, Fana and Tingolé, to a clientele comprising both men and women.

They intend to turn an average profit of XOF 17'500 (ca US$ 35) per campaign. The women of the Benkadi 2 group ambition to obtain loans corresponding to their wishes.

In this group: Mamine , Moussocoura Mah , Mah , Sitan , Alimata , Mamou , Nana , Gneba , Baya , Mariam
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Patrick Stadelmann



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: July 1, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: July 1, 2009
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children