A loan of $950 helped a member to buy 150 kg of fertilizers, 4 cans of fertilizers, and cover plowing expenses.


Benkadi 5 Group's story

The five members of Benkadi 5 Group are married women, who average 30 years of age and four children each. Most of them live in traditional families in Yelekela, a village in the commune of Kignan, Sikasso Cercle, third administrative region of Mali. They work with Kiva's partner, the MFI Soro Yiriwaso, in order to carry out their farming activities during the rainy season. They are seeking their ninth farming loan from the MFI. The previous loans were repaid without problems. They grow sorghum, just like Mrs. Alimata, the woman in the middle of the standing row in the photograph. With her loan, she intends to buy one 50kg sack of fertilizers, four cans of herbicide of different brands, and cover plowing expenses for maintaining one hectare. After the harvest, the production is sold in the village and at the markets in Sikasso, for cash and on credit, to a clientele comprising both men and women. Mrs. Alimata intends to turn an average monthly profit of XOF 110'000 per planting. This profit will enable her in part to repay the loan and interest, as well as to help out her husband cover the daily expenses of the family.

In this group: Fatoumata, Alimata, Aminata, Mamine Baba , Rokiatou
*not pictured

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Translated from French by Kiva volunteer Patrick Stadelmann



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