A loan of $1,350 helped a member to pay for plowing and to purchase farm inputs and seeds.


Benkadi V Group's story

The ten members of the group "BENKADI V" are married women, who average 35 years of age and four children each, and they all living in polygamous families in KOMO, a village in BAGUINEDA (2nd 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 rainy season. They are on their fifth loan with the institution. The past loans were indeed paid back.

The crop grown is rice, as is the case with AWA, who is the first person standing from the left in the photo. With her loan, she intends to purchase some farm inputs and seeds and to pay for plowing to maintain 0.5 hectare.

After the harvest, the produce is sold at the village market to a customer base composed of retailers and consumers. She plans on making a profit of 150,000 francs CFA per planting. This profit will enable her to pay back the loan and also to help her husband to cover the day-to-day expenses.

In this group: Awa Daouda , Kadiatou , Mafing , Ya , Fatoumata , Ramatou , Tenin , Setou , Alima , Sitan

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Translated from French by Kiva volunteer Daniel Kuey



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