A loan of $1,650 helped a member to buy agricultural inputs and seeds and pay the labourers' wages.


Benkadi 1 Group's story

The 10 members of the Benkadi 1 group are married women with an average age of 37 and, on average, 3 children, who all live in traditional families in Tarakasso, one of the villages in Sikasso, the 3rd administrative region of Mali. They are collaborating with the Soro Yiriwaso microfinance institution in order to carry out their farming activities during the rainy season. This is their 5th loan from the institution and their previous loans have been properly repaid.

Aminata, standing on the left in the picture, grows groundnuts and maize. She plans to use her loan to buy agricultural inputs, fertilizer, herbicide and seeds and to pay the labourers needed for the cultivation of 1 hectare of farmland. After the harvest, the produce is sold in the village and at the Sikasso market and surrounding areas to a clientèle made up of men and women. She expects to make a profit of 115 000 francs per crop cycle. This profit will enable her to repay her loan and also to help her large family with the daily living expenses and to cover her children's healthcare expenses.

In this group: Aminata, Setou, Ramata, Sitan, Ramata Diakaridia, Aminata, Fatoumata, Korotoumou, Aminata, Karidia

Translated from French



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