Funded

Total loan: $2,950
Powered by 99 lenders

Benkadi 1 Group

Mali
Bladiè, Mali / Farming

A loan of $2,950 helped a member to buy agricultural inputs and seeds, and to pay for plowing during the farming season.


Benkadi 1 Group's story

The members of the Benkadi 1 group are married men who are, on average, 43 years old with seven children each. They all live in polygamous families in Bladiè, 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 second loan with the institution and have duly repaid their previous loan.

Yacouba, a member of the group, grows maize. In the photo, he is standing first from the right.

Yacouba plans to use his loan to buy agricultural inputs and seeds, and to cover the cost of plowing to cultivate two hectares (4.97 acres) of land.

After the harvest, he sells his production to both men and women, in his village and in Garalo.

He is expecting to make a profit of 150,000 CFA francs per growing season. This profit will allow him to repay his loan and to take care of the daily expenses.

In this group: Yacouba , Souleymane , Fousseni , Siaka Togne , Arouna, Moumine , Siaka Fako , Souleymane G.
*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 27, 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 27, 2013
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children