A loan of $1,000 helped a member to buy resources, seeds, and small equipment.

Benkadi I Group's story

BENKADI I is a group of 9 married women from the Sangoula village in the prefecture of Bla, in the ex Cercle de BLA, region of Ségou (fourth administrative region of the republic of Mali). They live in traditional families, are on average 44 years old, have on average 4 children, and cultivate rice, peanuts and okra. In an effort to make a profit with their farm and to increase their farmable land for better returns, the members of the BENKADI I group decided to incorporate the credit program of Soro Yiriwaso and are on their first loan. Rokia, the first woman seated on the left with a red scarf, plans to use her loan to buy quality seeds, small equipment, and agricultural resources for farming, exclusively at the grand market of BLA city. After the winter, the harvest are stocked for a certain time for them to get some value before being sold at the grand market in BLA, YANGASSO and neighboring markets, by retail (often at wholesale), by credit to a clientele that generally come from big cities. After the yield of their agricultural products, the members of the BENKADI I group plan to each earn 40,000 – 46,000 FCFA monthly, which will be used to repay the loan’s interest and family expenses.

In this group: Nana Yaya, Rokia, Alimata F., Sali, Alimata, Fatoumata T., Mariam D, Mariam K., Batenin A.

Translated from French by Kiva volunteer Sherry W.

Loan details

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Loan details