A loan of $1,050 helped a member to pay for farm inputs and plowing for planting crops.


Benkadi I Group's story

This group is composed of ten married women, who average 33 years of age and four children each, all living in polygamous families in M’PIAKALA, a village in BOUGOUNI (3rd administrative region of the Republic of Mali). The women are collaborating with the microfinance institution Soro Yiriwaso to carry out their rainy season farm work. They are on their ninth loan with the institution. The past loans were indeed paid back.

Peanuts is the crop grown by KOROTOUMOU, who is the first woman standing from the left. With her loan, she intends to purchase farm inputs and seeds and to pay for plowing to make use of 1 hectare.

After the harvest, the produce is sold to men and women customers in villages and in BOUGOUNI. She plans on making a profit of 100,000 francs CFA per planting. The profit will enable her to pay back the loan and help her husband to cover the day-to-day expenses of their household.

In this group: Korotoumou *, Chata, Mawa , Sali , Ramata, Mariam , Awa , Minata , Mariam , Binta
*not pictured

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Translated from French by Kiva volunteer Daniel Kuey



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