A loan of $875 helped a member to buy small farming equipment, seeds and inputs, and to pay for plowing labor.

Benkadi 2 Group's story

The ten members of the group Benkadi 2 are married women who live in traditional families. They average 40 years of age and 5 children each. They all live in the village of Temou, region of Ségou (4th administrative region of Mali). They know one another as neighbors, through ties of marriage and kinship, and through the farming activities they practice during the rainy season. They grow groundnuts, millet and rice.

They joined the mricrofinance institution Soro Yiriwaso to buy small farming equipment, to stock up on inputs and to pay for the cost of plowing the fields. This is the group’s 1st loan cycle with the MFI. Mrs. Nana, 2nd from the right, plans to use her loan to buy seeds and inputs in Markala and Ségou and small farming equipment from local blacksmiths, and to pay the young helpers who will be plowing her field.

At the end of the rainy season, she will sell her crop for cash. This will allow her to repay her loan and to support her children, and also to help provide for the family.

In this group: Alimata, Bintou, Nana, Bintou 2, Kadia, Aissata, Djenebou, Alimata, Aminata, Awa 1

Translated from French

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Loan details