Funded

Total loan: $825
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Benkadi 8 Group

Mali
Nangola, Mali / Farming

A loan of $825 helped a member seedlings and fertiliser, small farming equipment and labor costs.


Benkadi 8 Group's story

The nine members of the Benkadi 8 group are married women, on average 43 years old with four children. Most live in polygamous families in Nangola, one of the villages in the Dioïla Prefecture of the Koulikouro region, which belongs to the 2nd administrative region of Mali.

They collaborate with the Soro Yiriwaso MFI to better organise their activities at the start of the winter campaign. The crops they speculate on are ground nuts and millet, among others. This is their fifth campaign loan, and all previous loans were well reimbursed.

With this new loan, Mah F. intends to buy seedlings and fertiliser before prices increase, small farming equipment and pay labor costs to cultivate 4 hectares (approx. 10 acres).

The crops are sold after harvest in Nangola and the adjoining area, and in the town of Dioïla, to both men and women customers.

Whereas the other group members hope for an average profit of 40,000 FCFA per campaign, Mah hopes to attain 50,000 FCFA. The women of the Benkadi 8 group place all their trust in the successful progress of this winter campaign, with help from Soro Yiriwaso.

In this group: Matou , Mah , Minata Moussa , Minata Kassoum , Kadiatou , Fatoumata , Yassa , Assitan , Hariatou
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: May 31, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: May 31, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children