A loan of $600 helped a member to pay for plowing, seeds, fertilizer, herbicides, and small tools.

Benkola 7 Group's story

The ten women of the group called BENKOLA 7 are married and have an average age of 34 and on average two children. They live in polygamous families in Baou, one of the villages of the rural township of Banco, Dioïla prefecture, Koulikoro region, second administrative region of Mali.

They work with the microfinance institution Soro Yiriwaso in order to better organize their farming businesses at the beginning of the rainy season. The crops they cultivate are, among others, rice and peanuts. This is their first collaboration with the institution.

With her share of the loan, Nieba, the second person from the left in the row of seated women, is intending to buy farm inputs and small tools and pay plowing costs to plant about 0.25 hectares of rice and peanuts.

Their produce is sold at the markets of Baou, Koula, Banco, and N’Golobougou, after the harvest, to a clientele composed of men and women. They expect to make an average profit of around 20,000 F CFA per growing season.

In this group: Rokia Sokourala, Korotoumou, Koni, Diarra Bakary, Nieba, Soumba Tahirou, Minata Tahirou, Bah Karim, Fatoumata Sina, Sanata

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Translated from French by Kiva volunteer Teresa Kramer

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