A loan of $1,450 helped a member to cover the cost of plowing and to buy agricultural inputs and seeds.


Benkadi I Group's story

The ten members of the Benkadi I group are married women who are, on average, 35 years old with five children each. They all live in polygamous families in Sanankorobougou, 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 sixth loan with the institution.

Chata, 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 to cultivate 1 hectare (2.47 acres) 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 125,000 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: Chata , Maimouna , Korotoumou , Sata , Oumou , Setou , Bintou , Mama , Kadiatou , Awa

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Translated from French by Kiva volunteer Sophie Narayan



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