A loan of $1,050 helped a member labor, fertilizer, herbicide, hoeing and small farm equipment.

Benkadi 5 De (Benkadi Fofodiana) Group's story

The ten members of the BENKADI 5 group are married women who have an average age of 50 and an average of 7 children. The majority of them live in polygamous families in the village of FOFODIANA, in the commune of Tingolé, in the sub prefecture of FANA, in the second administrative region of the republic of Mali.
They work with the Soro Yiriwaso micro finance institution in order to have financial support to carry out their winter occupation. They cultivate sorghum, peanuts and beans. This is their fifth experience with this institution and all past loans were repaid on time.
With this new loan, they intend to buy fertilizer, herbicides and small farm equipment and to pay the hoeing and labor expenses to maintain 25 hectares.
They will consume one part of their goods and the other part will be sold in the Tingolé, Marka-Coungo and Fana markets to a clientele composed of men and women.
They count on making an average profit of 50,000 CFA francs after the campain.

In this group: Boh, Minata, Mah, Korika, Mah Bahini, Malado, Maramou, Mah, Djeneba, Dade

Translated from French by Kiva volunteer Heather Nicholson

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Loan details