Funded

Total loan: $1,000
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Benkadi Vi Group

Mali
Komo, Mali / Farming

A loan of $1,000 helped a member to pay for the costs of labor, agricultural inputs and seeds.


Benkadi Vi Group's story

The 10 members of the Benkadi VI group are all married women, averaging 35 years of age, with five children. They all live in polygamous families in Komo, a village in the [prefecture of] Baguineda in the second administrative district of Mali. They collaborate with the Soro Yiriwaso microfinance institution in order to better manage their agricultural activities during the rainy season. They are on their fifth loan, having duly repaid their prior loans. They grow millet, which is the case of Minata, for example. She is the third one standing from the left in the photo. With her loan, she plans to buy agricultural inputs [fertilizers etc] and seeds and pay the cost of labor to work 0.5 ha [about one acre] of land. After harvesting, she sells her produce at the village market to a customer base composed of both resellers and consumers. She plans to earn 100,000 West African francs per agricultural cycle. These revenues will allow her to pay off her loan and also help her husband meet everyday expenses.

In this group: Minata Madou , Sorofin , Kossira , Minata , Mamou , Kourani , Salimata , Aminatou , Fatoumata , Djeneba
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Ekaterina Sukhanova



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