A loan of $1,500 helped a member to buy farm inputs, seeds, and assorted supplies and equipment.


Benkadi Iii Group's story

BENKADI III is a group composed of married women from the village of SANANKORO in the sub-prefecture of SELINGUE, Region of SIKASSO (3rd administrative region of the Republic of Mali). The women live in traditional families, average 35 years of age, and have four children. And they grown peanuts, okra, etc.

Concerned about making their plantations profitable, the group members decided to join the loan program of the micro-finance institution Soro Yiriwaso and are now on their second farm loan.

KAMISSA, who is standing first from the left in the photo, intends to use her loan to buy a sufficient quantity of peanut seeds, assorted equipment and supplies, and some farm inputs at the big market of SELEFOUGOU.

Following the off-season, the produce is stocked for a while, so that it gains in value. Then it is sold retail, often in bulk, for cash at the big market of SELEFOUGOU, SELINGUE, and at surrounding markets. Customers generally come from large cities.

After selling her produce, KAMISSA plans on making a profit of 65,000 francs CFA that will be used to pay the loan interest and to cover typical family expenses.

In this group: Kamissa , Bintou , Yayi , Sata , Salimata, Fatoumata , Koulouba , Gneriba , Tenin , Oumou

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Translated from French by Kiva volunteer Daniel Kuey



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