A loan of $1,175 helped a member to pay for labor and to buy farm inputs, seeds, and tools.

Badenyaton I Group's story

BADENYATON I is a group of married women from the village of BIMAWERE, in the prefecture of SAN, Region of SÉGOU (4th administrative region of the Republic of Mali). The women live in traditional families, and they average 42 years of age and have at least six children. The group members grow peanuts, okra, and hibiscus flowers.

Concerned about making their plantations profitable, the group members decided to join the loan program of the micro-finance institution Soro Yiriwaso two years ago. After having properly repaid the previous loan, they are now on their second farm loan.

DJENEBA, who is seated in the photo and holding a small pail, intends to use her loan to pay for plowing and weeding and to buy a sufficient amount of peanut seeds, sundry supplies and equipment, and some inputs for farming. These items are purchased at the main market of Kimparana City. Following the off-season, the harvested crops are stocked for a certain time, so that they gain value. And then they are sold retail (and often in bulk) and for cash at the main market of Kimparana and at surrounding markets. The customers generally come from large cities.

After selling the produce, the group members each plan on making a profit of 21,000 to 23,000 francs CFA that will be used for repaying the loan interest and for covering typical family expenses.

In this group: Tenin , Fatoumata , Aminata , Djeneba , Minata Lamine , Assitan , Hawa , Kounouya , Kadia , Bintou

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Translated from French by Kiva volunteer Daniel Kuey

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