A loan of $875 helped a member to buy inputs, pay for plowing, and buy rice seed.


Benkadi 3 Group's story

BENKADI 3 regroups married women with an average age of 37 and on average, six children, who live in polygamous families in MAARO, a village situated about 45 km from the town of Sikasso, third administrative region of Mali. They work with the microfinance institution Soro Yiriwaso so as to succeed in their agricultural activities during the rainy season. They are on their fifth loan with the institution. Their prior loans have been correctly reimbursed.

The crops cultivated are rice and peanuts, in the case of Madame SAFIATOU, standing first on the right. With her loan she intends to pay for plowing and buy inputs and rice seed to maintain 0.25 hectares. The produce is sold right in the village of LOUTANA and at the market of SIKASSO after the harvest, to a clientele composed of men and women. She expects to make a profit of 20,000 F CFA at the end of the growing season. This profit will allow her to repay her loan and also to help her husband with daily expenses.

She would like to continue this collaboration with Soro Yiriwaso so as to be able to cultivate an even larger area so as to make more profit.

In this group: Safiatou , Awa , Kadia Deni , Aminata , Bintou , Mariam , Mamine , Kadiata , Chata , Mamine

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Translated from French by Kiva volunteer Teresa Kramer



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