Funded

Total loan: $1,000
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Benkadi Iii Group

Mali
Sangoula, Mali / Farming

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


Benkadi Iii Group's story

BENKADI III is a group of married women who come from the village of Sangoula, located in the sub-prefecture of Bla, an administrative subdivision of the Ségou Region (the fourth administrative region of the Republic of Mali). The women live in traditional households. They have an average age of 43, 6 children to raise and they grow rice, groundnuts and okra. In order to make their farms profitable and increase the amount of cultivatable land and therefore production, the members of the BENKADI III group decided to join Soro Yiriwaso's loan program and this year are requesting their first farming loan. Ramatou A., standing in the middle of the picture and wearing the blue scarf, will use the loan to buy good quality seeds, small equipment and farm inputs (e.g. fertilizer, pesticide) at the Grand Market in Bla. After the rainy season, the harvested produce will be stored for a certain period of time so that it can gain in value before being sold at the markets of Bla, Yangasso and surrounding towns. It is often sold in bulk and mostly for cash to customers from large towns. The members of the BENKADI III group are hoping to realize an average profit of 45 000 francs each after selling their produce, and will use those profits to pay off their loan interest and cover their household expenses.

In this group: Satou Yaya , Hawa M. , Fatoumata , Safiatou Y , Ramatou A., Amitou S. , Yama K. , Hawa S. , Maimouna
*not pictured

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Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: August 3, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: August 3, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children