Funded

Total loan: $1,775
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Benkadi 3 Group

Mali
Bougoura, Mali / Farming

A loan of $1,775 helped a member to buy farm inputs, seeds, small agricultural equipment, and to cover the cost of plowing.


Benkadi 3 Group's story

The ten members of the Benkadi 3 group are married women who are, on average, 40 years old with four children each. They all live in traditional families in Bougoura, one of the villages of the Yangasso commune, in the Cercle of San (fourth 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. This is their fifth loan with the institution, and their previous loans have been duly repaid.

M'Pere, a member of the group, grows groundnuts. In the photo, she is in the front row, first from the right.

M'Pere plans to use her loan to buy some farm inputs, seeds, small agricultural equipment, and to cover the cost of plowing to maintain 1.5 hectare (3.7 acres) of land.

After the harvest, she will sell her crop in her village and at the Kimparana market, to a customer base consisting of men and women.

She is expecting to make a profit of 125,000 CFA francs at the end of the growing season. This profit will allow her to repay her loan and to help her husband with the daily expenses.

In this group: Bintou , Kadia , Fatoumata , Tallo , M’Pere, Kadia , Kadia, Nana , Bintou Bayoussou , Foune
*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