Funded

Total loan: $1,500
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Benkadi 1 Group

Mali
Maaro, Mali / Farming

A loan of $1,500 helped a member to buy inputs and groundnut seeds and to pay for plowing costs.


Benkadi 1 Group's story

The group Benkadi I is made up of married women. They are on average 38 years old and have an average of 4 children each. For the most part they live in polygamous families in Maaro, a village located about 45 km from Sikasso, 3rd administrative district of Mali.

They are working with micro-finance institution Soro Yiriwaso in order to better organize their activities at the beginning of the rainy season. This is their fifth loan with Soro Yiriwaso. The previous loans were fully repaid. The crops they grow are rice and groundnuts. Madame Michata, standing in the center, plans to pay for plowing costs and to buy inputs and groundnut seeds for 0.5 hectare of land. After the harvest, the crops are sold at the village of Loutanna and at the Sikasso market to customers who are both men and women. She expects to make an average profit of 75,000 CFA francs at the end of the season. The profit will allow her to repay the loan and help her husband with everyday expenses.

In this group: Michata , Fatoumata , Alimata, Minata , Sali , Minata , Mariam, Aby Samba, Mariam Mama , Sali Abou
*not pictured

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Translated from French by Kiva volunteer Sarah Puchner



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: August 4, 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 4, 2011
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children