The members of the Benkadi 3 group are all married women who live in traditional families. They have an average age of 38 and, on average, 3 children. They all live in the village of Zankourabougou, in the Ségou region, the 4th administrative region of Mali. They got to know each other through their agricultural activities in the village, and thanks to neighbourly and family relationships and marriage. They grow groundnuts, millet and rice. The group members joined Soro Yiriwaso in order to be able to buy small equipment and agricultural inputs and to pay the labourers who weed their fields, and are on their 3rd group loan.
Kadia, standing on the left of the picture, plans to use her loan to buy seeds and agricultural inputs in Ségou, some small equipment from the local blacksmiths and to pay the young labourers to weed her field. At the end of the rainy season, her agricultural produce will be sold for cash so that she can repay her loan and have enough income to take care of her children and some of her family.
Les dix femmes de Benkadi 3 sont toutes mariées dans des familles traditionnelles. Elles ont en moyenne 38 ans et 3 enfants. Elles vivent toutes dans le village de Zankourabougou, dans la région de Ségou (4ème région administrative du Mali). Elles se sont connues à travers leurs activités agricoles hivernales, des liens de voisinage, de mariage et de parenté dans le village. Elles font la culture d’arachide, du mil et du riz. Dans le but de s’acheter de petits équipements, de s’approvisionner en intrants agricoles, de payer la main d’œuvre pour le sarclage des champs, les membres du groupe ont connu Soro Yiriwaso et sont à leur 3ème cycle du prêt de campagne. Madame Kadia 1 ère debout de la gauche vers la droite compte utiliser son prêt pour s’acheter des semences, des intrants agricoles à Ségou, des petits équipements chez les forgerons locaux, payer les jeunes pour sarcler son champ. La vente de ses produits agricoles se fait au comptant à la fin de l’hivernage pour payer son prêt et afin d’avoir de revenu pour prendre la charge des enfants, et une partie de celle de la famille.
Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.