A loan of $525 helped a member to pay for plowing and weeding, and to buy seeds, fertilizer, herbicide and tools.

Benkola 1 Group's story

The ten members of Benkola 1 Group are married women who, on average, are 37 years old and have three children. Most of them live in polygamous families in Baou, one of the villages in the rural municipality of Banco, prefecture of Dioïla, region of Koulikoro (second administrative region of Mali). They work with the microfinance institution Soro Yiriwaso to deal more efficiently with their activities when the winter season begins. They grow, among other products, rice and groundnuts. This is their first loan with the institution.

Kadiatou, the first woman standing at the right-hand side of the photo, intends to use her loan to buy agricultural supplies and tools and pay for plowing and weeding. She has around 0.25 hectares of farmland to grow rice and groundnuts. The harvested products will be sold at the markets in Baou, Koula, Banco and N'Golobougou to a clientele made up of men and women. The group members expect to make an average profit of around 25,000 CFA francs by the end of the season.

In this group: Fatoumata Alou , Yatou , Kadiatou , Zele Sidi , Oumou Diakaridia , Matou Zan , Zele , Sitan , Maïmouna , Naman

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Translated from French by Kiva volunteer Robert Mouris

Loan details

Lenders and lending teams

Loan details