A loan of $1,625 helped a member to purchase fertilizers, seeds and light equipment.

Benkadi 3 Group's story

The group Benkadi 3 is made up of 9 married women from Moribila Kafono of the Kimparana sub-prefecture in the Segou region, the fourth administrative region of the Republic of Mali. They live in large traditional families and are 36 years old on average and have at least 7 children. For the most part, they raise peanuts. 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 3 previous loans, they are on their fourth country loan. Djelika, the first seated with a child in her lap, she expects to use her loan to buy a sufficient quantity of peanut 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 market in Kimparana 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 expect to each make a profit of 50,000 to 60,000 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: Setou Oumar, Biba, Worokia, Worokia, Kadiatou, Oumou, Djelika, Maramou, Djelika

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Translated from French by Kiva volunteer Martha Schmitz

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