Funded

Total loan: $2,000
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Benkadi I Group

Mali
Komo, Mali / Farming

A loan of $2,000 helped a member to buy inputs and seeds, and to pay for plowing.


Benkadi I Group's story

The ten members of the BENKADI I group are married women who average 25 years of age and four children each. They all live in polygamous families in Komo, a village of Baguineda, in the second administrative region of Mali.

They joined the Soro Yiriwaso microfinance institution to sustain their farming activities during the rainy season. This is their 5th loan cycle with the MFI.

Aminata is a rice farmer, seen sitting first from the left in the photo. She will use her loan to purchase inputs and seeds, and to pay for the plowing of 1.5 hectares.

After the harvest, the crops are sold in the village and at the market to a clientele composed of resellers and consumers. Aminata expects to earn 190,000 FCFA per season.

This profit will allow her to repay her loan and to help her husband with the daily expenses.

In this group: Aminata , Bintou , Fatoumata , Gnine , Sanata , Ramata , Koyan , Minata , Koura , Sitan
*not pictured

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Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 26, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 26, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children