A loan of $1,025 helped a member to pay for labour costs, seeds, fertilizers, herbicides, hoes, and small agricultural equipment.

Benkadi 4 Group's story

The Benkadi 4 group is composed of 10 married women who are, on average, 31 years old with 2 children and live in polygamous households in Serekeni, one of the villages in the town of Loulouni, in the Loulouni sub-prefecture, the 3rd administrative region of Mali.
They are working with the microfinance institution Soro Yiriwaso (one of Kiva's field partners) to manage their agricultural businesses properly during the rainy season. They are on their fourth loan with the institution, and the three previous loans were repaid properly.
Mariam B., one of the group members grows Bambara groundnuts and rice.
With her portion of the loan, she intends to buy agricultural inputs and small equipment, and also to seek manual labour to manage 1 hectare of farmland.
After the harvest, the products are sold at the Loulouni market to a clientele composed of men and women.
She intends to realize an average profit of 55,500 FCFA at the end of the planting season, which will serve to repay her loan and also to help her husband with daily expenses.

In this group: Mariam , Ramata , Alima , Ramata , Abi , Fatoumata , Fatoumata , Djeneba , Mamine , Kadiatou Madou

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details