A loan of $125 helped a member to buy farm inputs, seeds, and pay for plowing.

Benkan Vii Group's story

The three members of Benkan VII Group are married women who average 30 years of age and four children. They all live in polygamous families in Falan, a village in Sanankoroba, second administrative region of Mali.

They work with Kiva's partner, the MFI Soro Yiriwaso, in order to carry out their farming activities during the rainy season. They are seeking their eighth loan from the MFI. Previous loans were repaid without problems.

Fatou (the woman on the left in the photograph) is growing millet. With her loan she intends to buy farm inputs, seeds, and pay for plowing to maintain 0.5 hectare.

After the harvest, the production is sold at the market in the village, to a clientele comprising resellers and consumers.

She intends to turn a profit of XOF 35'000 (ca US$ 70) per planting. This profit will enable her to repay the loan and also help her husband cover the daily expenses.

In this group: Fatou, Setou, Komogoba

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Translated from French by Kiva volunteer Patrick Stadelmann

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Loan details