A loan of $1,050 helped a member to cover the cost of plowing and to buy farm inputs and seeds.


Benkadi B Group's story

The members of the group BENKADI B are married women averaging 39 years of age and three children each. They all live in polygamous families in TARAKASSO, a village in SIKASSO (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their farm work during the off-season. They are on their third loan with the institution. The past loans have indeed been paid back.

The crop is: peanuts, in the case of Biba, the second women standing from the left in the photo. With this loan, she plans on buying farm inputs and seeds and on covering the cost of plowing to maintain: two hectare.

The produce is sold in the village, at the SIKASSO market, after the harvest. The customer base is composed of men and women.

Biba plans on making an average profit of 165,500 francs CFA per planting. The profits will enable her to pay back the loan and also to help out her husband in meeting day-to-day expenses.

In this group: Chata , Biba , Sokona , Adiara Drissa , Achata, Sali Sibiri , Brarakissa , Djeneba , Fatoumata , Salimata

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Translated from French by Kiva volunteer Daniel Kuey



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