A loan of $1,175 helped a member to buy agricultural entrants, seed, and small equipment.

Benkadi Vi Group's story

This BENKADI VI group is made up of married women from the village of NIAZEKAN, SÉGOU region (fourth administrative region of the Republic of Mali.) They live in extended traditional families and have an average age of 39 and at least eight children.

They essentially grow peanuts. Intent on making their agricultural ventures profitable, the members of the group decided to join the loan program of Soro Yiriwaso four years ago, and they are on their fourth rural (seasonal) loan, after having reimbursed the preceding loans correctly.

AISSA will use her loan to buy peanut seed, small equipment and agricultural entrants for the growing season at the big market of Kimparana. After the rainy season, the harvest is stockpiled for a certain time so that it is more valuable before being sold at the big market of Kimparana and in the surrounding markets, retail (often wholesale) and for cash, to a clientele generally coming from the big towns.

After selling her crops, AISSA expects to make a profit of 65,000 F CFA which will be used to reimburse the interest on the loan and for day-to-day family expenses. The members of the group are asking SORO YIRIWASO to continue this activity that allows them to enlarge their arable plots and cover their minor needs.

In this group: Napoucho, Napre, Diarra, Kadiatou, Aissa, Korotoumou, Karia, Minata B

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Translated from French by Kiva volunteer Teresa Kramer

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