Funded

Total loan: $1,225
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Benkadi 2 Group

Mali
Korobougou, Mali / Farming

A loan of $1,225 helped a member buying fertilizer (for grains) and peanut seeds and using manual labor for plowing and weeding.


Benkadi 2 Group's story

"Benkadi 2" is a group of eight married women mostly in large traditional families. The women average 27 years of age and two children living in the village of Korobougou, in the rural community of Sébougou, in the 4th administrative region of the Republic of Mali which is Segou. They know one another through ties of marriage and kinship. With the goal of increasing their arable land during the winter, they turned to the micro-finance institution Soro Yiriwaso and are now on their first farm loan cycle. The group members over all are going to grow peanuts, millet, and sesame.

Ms. Foufa B. intends to use her loan for buying 30 kg of peanut seeds and 2 sacks of cereals fertilizer and for recruiting manual labor for plowing and weeding in the fields. She restocks her supplies at the Segou fair. Plowing the fields is men's work, while weeding is done by the women's association of the village. From three hectares of land, she plans on harvesting 5 sacks of millet, 18 sacks of peanuts, and 2 sacks of sesame.

The grains and a portion of the peanuts are consumed at home, while the sesame and the remainder of the peanuts are sold. The profits obtained will be used to cover household needs, schooling, and health care for the children.

In this group: Foufa, Assitan , Kadia , Alimata , Bata , Yah , Bintou , Hawa
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Daniel Kuey



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: July 7, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: July 7, 2010
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children