A loan of $1,250 helped a member to purchase soil inputs and cover costs of labor.


Benkadi 1 Group's story

The 10 members of the Benkadi 1 group are married women, whose average age is 32 and who have, on average, five children each. They live with their husbands and children in Karangasso, which is located about 35 kilometers from the city of Niéna, in the region of Sikasso, which is the third administrative region of Mali.

These clients are currently on their fifth farming loan cycle with the Soro Yiriwaso microfinance institution, with the goal of fulfilling their need for means of production and soil inputs. All previous loans were paid back adequately.

This womens’ group works growing corn, rice, peanuts and okra.

Djenba, the group’s president, is going to use her loan to purchase two bags of urea and one bag of complex fertilizer, with the remaining amount going towards costs of labor, including hoeing. She is aiming for an average profit of between 25,000 and 35,000 CFA francs, which will be used to cover her family’s day-to-day expenses.

In this group: Djenba , Mahawa, Maimouna , Kadiatou , Mariam , Mariam, Mariam , Kadia , Minata M , Rokia

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Translated from French by Kiva volunteer Chelsea Rosendale



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