Funded

Total loan: $1,975
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Benkola 1 Group

Mali
Djerila, Mali / Farming

A loan of $1,975 helped a member to buy agricultural inputs and seeds, and to cover the cost of plowing during the farming season.


Benkola 1 Group's story

The members of the Benkola 1 group are married women who are, on average, 41 years old with five children each. They all live in polygamous families in Djerila, one of the villages of the Bougouni commune (third 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.

Kadia, a member of the group, grows groundnuts and rice. In the photo, she is in the standing row, second from the right.

She plans to use her loan to buy agricultural inputs and seeds, and to cover the cost of plowing to cultivate one hectare (2.47 acres) of land.

After the harvest, she sells her production to both men and women in her village and in Bougouni.

She is expecting to make a profit of 135,000 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: Kadia , Djinessira , Fatoumata , N’Pene , Minata , Kemissa , Minata, Gnine , Walama , Salimata
*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 20, 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 20, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children