A loan of $1,025 helped a member to purchase planting supplies, seeds, small farming tools, and to pay for labor.

Benkadi 1 Group's story

The Benkadi 1 group is an association of married women from the Djigonso village in the sub prefecture of Yangasso (prefecture of San), in Segou (fourth administrative region of Mali). They live in traditional families, and on average, they are 43-years old and have at least 6 children.

They mainly grow rice. In order to make their farms profitable, the members of Benkadi 1 decided to join the Soro Yiriwaso loan program. Having fully repaid their group loan, they switched to farming loans since their primary activity during the rainy season is growing rice. They are seeking their first farming loan.

Koniba T. plans to use the loan to buy a sufficient quantity of rice seeds and small farming tools, and pay for labor and planting supplies to help increase harvest profitability. Purchases are made exclusively at the main market of the town of Bla. After the rainy season, the harvest is stored (some is used) for a certain amount of time in order to gain value prior to being sold at the markets of Yangasso, Bla, and other surrounding markets, retail (often wholesale) and for cash, to a clientele usually coming from the larger cities.

Once the products are sold, the group members of Benkadi 1 hope to make a profit of 30,000FCFA each, which would be used to repay the loan interest and cover the daily expenses of their families.

In this group: Koniba , Yayo, Maimouna , Rokia B, Minata S , Kadia , Chata Koniba , Koniba, Kotimi , Djeneba S
*not pictured

Translated from French by Kiva volunteer

Loan details

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Loan details