A loan of $1,050 helped a member purchase of material inputs, seeds, and small tools.


Benkadi Ii Group's story

The group Benkadi II is made up of married women from the village of Sokan in the San prefecture, a region of Ségou (fourth administrative reion of the Republic of Mali), who live in traditional families and who, on average, are 36 years old and have at least 4 children. They all grow peanuts. In order to make their agricultural businesses more profitable, the members of the group decided to join the Soro Yiriwaso loan program 3 years ago. After having fully paid back their previous loans, they are on their third farm loan. Bintou M., who is the president of the group, expects to use her loan to buy a sufficient quantity of peanut seeds, small tools and material inputs at the large market in Kimparana. After the rainy season, the crops are stored for a certain time so that they may be valued before being sold at the large market in Kimparana at retail (often at wholesale) for cash to a customer base largely coming from big cities. While the other group members each expect to make a profit of 30,000 FCFA after the sale of their agricultural products, which will be used to pay the interest on the loan and for the everyday needs of the family, Bontou M. expects a profit of 55,000 FCFA.

In this group: Bintou , Tienourou , Gniri , Madiara , Alima Drissa , Mamou Nino , Alima Drissa, Karia Drissa , Koro Oumar , Sitan

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Translated from French by Kiva volunteer Martha Schmitz



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