Funded

Total loan: $1,125
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Benkadi 5 Group

Mali
Djigonso, Mali / Farming

A loan of $1,125 helped a member buy rice seed, fertilizer and small farming tools.


Benkadi 5 Group's story

The Benkadi Group is made up of married women from the village of Djigonso, San prefecture, in Ségou Region (the fourth administrative region of the Republic of Mali). They live in traditional families. Their average age is 36; each has at least six children and is a rice farmer. Hoping to improve the efficiency of their farming operations, the group's members decided to take part in Soro Yiriwaso's loan program. They have repaid their membership loans, and are now ready for their first business loan.

Alima C. plans on using her loan to buy rice seed, small tools and fertilizer. She will get them at the big market in Bla. Once winter is over, she will use some of what she harvests and keep the rest long enough for the price to rise before selling it at Bla and in other local markets, mostly by selling it directly to customers but also wholesaling it. Her customers mostly come from large towns.

After she has sold her produce, Alima C. (like other group members) hopes to realize a profit of 45,000 FCFA, to be used to service her loan and to pay for ongoing family expenses.

In this group: Chata , Awa , Fatoumata , Alima , Djeneba , Setou , Kotimi , Chata , Noufe , Fatoumata
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Michael Briggs



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 4, 2010
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: June 4, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children