A loan of $925 helped a member to buy entrants, seed, and small tools and equipment.

Benkadi I Group's story

This BENKADI I group is made up of married women from the village of NIAZEKAN from the former administrative district of KIMPARANA, in the prefecture of SAN, SÉGOU region, fourth administrative region of the Republic of Mali. They live in traditional families. They have an average age of 35 and at least five children each.

They grow peanuts. Wishing to make their agricultural ventures profitable, the members of the group decided to join the loan program of Soro Yiriwaso four years ago. After having correctly reimbursed their preceding loans, they are on their fourth seasonal, rural loan.

CATHERINE will use her share of this loan to buy enough peanut seed, some small tools, and agricultural entrants for this year's crop. She buys her supplies essentially at the big market of Kimparana. After the rainy season, the harvest is stockpiled for a certain time to gain in value before being sold at the big open-air market of Kimparana and at surrounding markets, retail (often wholesale) and for cash, to a clientele who generally come from the big towns.

The members of this BENKADI I group each expect to make, after selling their crops, a profit of 25,000 to 55,000 F CFA which will be utilised to reimburse the interest on the loan and for everyday family expenses.

In this group: Mariam , Fatoumata , Fanta , Fanta , Melaure , Bintou, Korotoumou , Martha , Secho , Catherine

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Translated from French by Kiva volunteer Teresa Kramer

Loan details

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Loan details