A loan of $625 helped a member to pay for labour, agricultural inputs, and seeds.

Benkadi 1 Group's story

The ten members of the Benkadi 1 group are married women, on average 44 years old with four children, and live mainly in polygamous households in Zanga, a town in the Kadiolo prefecture, the 3rd administrative region of Mali.
They work with the microfinance institution Soro Yiriwaso in order to manage their agricultural activities during the rainy season.
They are on their first loan with the institution, and intend to repay this loan properly in order to maintain this win-win partnership.
Logotio, sitting on the left in the photo, grows rice and peanuts.
With her loan, she intends to pay for labour, agricultural inputs, and seeds to cultivate 1 hectare.
The produce is sold at the town level and at the Kadiolo city market after the harvest to a clientele composed of men and women.
She intends to realize an average profit of 175,500 FCFA per cycle.
This profit will allow her to repay her loan and also to help her husband with the daily household expenses.
She hopes to maintain this collaboration with Soro Yiriwaso in order to make the best use of more farmland and thereby generate more income.

In this group: Logotio , Alima , Naminata , Bintou , Koufoune , Djeneba , Chata Nouhoum , N’Gnamangolo , Fanta , Nabintou

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details