A loan of $1,300 helped a member to buy inputs, seeds and small equipment.

Benkadi Viiii Group's story

The Benkadi VIIII group consists of married women from the village of Niazekan in Kimparana, which belongs to the San region of Segou (fourth administrative region of the republic of Mali). They live in traditional families, are on average 41 years old and have at least seven children.

They grow peanuts. In order to make their farms profitable, the group decided to join the Soro Yiriwaso loan program four years ago. After having correctly repaid previous loans, they are now at their fourth farming loan.

Tene plans to use her loan to buy a sufficient quantity of peanuts for planting, small equipment and inputs to ensure more profitable crops. Purchases are made in the grand market of Kimparana. After the rainy season, crops are stored for some time to maximize their value before being sold in the grand market of Kimparana and in the surrounding markets. Sales are retail and often wholesale, for cash to customers usually from large cities.

After selling their farm products each group member expects to make a profit between 23,000 and 75,000 FCFA, which will be used to repay the loan and cover the families’ daily expenses.

In this group: Hawa , Faiko , Djelika , Chata Ab , Kadiatou S , Maimouna , Chata Ka , Djeneba , Djelika , Tene

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Translated from French by Kiva volunteer René McConnell

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