A loan of $1,000 helped a member purchasing agricultural inputs, seeds and small tools.

Benkadi 3 Group's story

he Benkadi 3 group is composed of married women from the Dangasso village in the San prefecture, in the Segou Region (the fourth administrative region of Mali). The women live in traditional families. They are on the average 41 years old and have at least six children.

They cultivate fonio [a local sort of millet], sorrel and “gombo” [okra]. In order to make their agricultural work profitable, they have decided to join the Soro Yiriwaso credit program two years ago. After having duly repaid previous loans, they are now on their second agricultural loan.

Sanata D. plans to use her loan to purchase a sufficient supply of fonio seeds, small tools and agricultural inputs, specifically at the big market in San. After the winter season, the harvest is stored for a while as its price increases before being sold at the big markets of San, Dah, and other nearby markets, retail (often wholesale too) for cash to customers mostly coming from big towns.

After selling their produce, each group member expects to obtain an income between 21,000 and 39,500 West African francs, which will be used to pay off the loan interest and cover ongoing family expenses.

In this group: Ami, Nana, Ami, Djeneba, Setou, Ami, Sanata, Kadia, Alima, Minata

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Translated from French by Kiva volunteer Katharina S

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