Funded

Total loan: $750
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Benkadi 2 Group

Mali
Zambougou, Mali / Farming

A loan of $750 helped a member purchase of fertilizer, small farming equipment and tools, and labor.


Benkadi 2 Group's story

The Benkadi 2 group is made up of ten married women with an average age of 42 and an average of 2 children. Most of them live in polygamous families in Zambougou, a village in the prefecture of Dioïla in the Koulikoro region, the second adminstrative region of Mali.

They are participating with the microfinance organization Soro Yiriwaso with the goal of better organizing their business activities at the start of the rainy season.

Their crops include peanuts, okra, hibiscus, millet, corn, and beans. They are on their first loan with the organization.

With this loan, Alima C. intends to buy fertilizer before prices go up, buy small tools and equipment, and pay the costs of plowing to maintain approximately 1.6 hectares of peanuts and beans.

Their crops are sold in the city of Fana and in Dioïla after harvest to a customer base made up of both men and women. They expect to make an average of about 50,000FCFA at the end of the planting season.

In this group: Meyssata , Tenin Maloya , Mariam , Bassitan , Fatoumata Sitafa , Oumou , Ami , Bacoumba , Atou , Alima
*not pictured

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Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: June 17, 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: June 17, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children