A loan of $1,300 helped a member to purchase fertilizers, seeds, and light equipment.

Benkadi I Group's story

Benkadi I is a group of married women from the village of Nikankan, of the outer neighborhood of Kimparana, a region of Segou, the fourth administrative region of the Republic of Mali. They live in traditional families. They are 29 years old on average and have at least 7 children. They raise peanuts and soy. With the intention of making their agricultural concerns profitable, the group members decided to join the Soro Yiriwaso credit program four years ago. After having fully repaid their previous loans, they are on their fourth country loan. Sitan, the first seated with her hand on the small bucket, expects to use her loan to buy a sufficient quantity of peanut and soy seeds, some light equipment, and agricultural fertilizers at the big market in Kimparana. After the rainy season, the harvests are stored for a certain amount of time so that they gain value before being sold at the big markets in Kimparana and San and at surrounding markets at retail (or often wholesale) for cash to a customer base generally coming from the big cities. The members of the group Benkadi I expect to each make a profit of 39,000 to 42,500 FCFA after the harvest of their agricultural products, which will be used to pay the interest on their loans and their families' current expenses.

In this group: Sitan, Saly, Korotoumou, Aissa, Safiatou Lassina, Fatoumata, Awa Alou, Fanta, Fatoumata, Sitan S

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Translated from French by Kiva volunteer Martha Schmitz

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