A loan of $1,000 helped a member to pay labor costs and to buy fertilizer.

Benkadi 1 Group's story

The ten members of the Benkadi 1 group are married women. They are, on average, 37 years old and have three children, and all live in traditional families in Niantanso, one of the villages of the third administrative region of Mali (Sikasso).
They work with the microfinance institution Soro Yiriwaso in order to better carry out their agricultural activities during the winter.
They are on their 7th agricultural loan with the institution and all the previous loans have been properly repaid.
They plan, among other things, to grow peanuts, rice, and sweet peas, as does Moussokoura, the first person sitting to the left in the photo. With her loan, she plans to buy fertilizer and to pay the labor costs necessary to maintain one hectare.
The produce is sold in the villages after the harvest to male and female customers.
She plans to make an average monthly profit of 150,000 FCFA per field.
This income will allow her to pay off the loan and also to help her husband with daily expenses.

In this group: Nassoun, Assan, Tintio, Natogoma, Safiatou, Karidia, Tassini, Fatoumata, Moussokoura, Fatoumata

Translated from French by Kiva volunteer Shannon Arnold

Loan details

Lenders and lending teams

Loan details