Funded

Total loan: $1,050
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Benkadi Vii Group

Mali
Komo, Mali / Farming

A loan of $1,050 helped a member to cover the cost of plowing, to buy agricultural inputs and seeds.


Benkadi Vii Group's story

The ten members of the Benkadi VII group are married women who are, on average, 45 years old with six children each. They all live in polygamous families in Komo, one of the villages of the commune of Baguineda (second-largest administrative region of Mali).

They have joined the microfinance institution Soro Yiriwaso in order to successfully carry out their farming activities during the rainy season. They are on their fifth loan with the institution and have duly repaid their previous loans.

Awa Karim, a member of the group, grows groundnuts. In the photo, she is in the standing row, first from the left.

She plans to use her loan to buy agricultural inputs and seeds and to cover the cost of plowing on 0.5 hectare (1.23 acre) of land.

After the harvest, she sells her production in her village and at the market to both consumers and resellers. She is expecting to make a profit of 120,000 CFA francs per growing season. This profit will allow her to repay her loan and to help her husband with the daily expenses.

In this group: Awa Karim , Siatou , Awa , Awa Tama , Bama , Nadje , Sitan , Minata , Sanaba , Allamissa
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Sophie Narayan



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