Funded

Total loan: $400
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Benkola 5 Group


A loan of $400 helped a member buy fertilizer, agricultural inputs and seeds, and pay for tilling.


Benkola 5 Group's story

The six members of the Benkola 5 group are married women who on average are 22 years old with one child. For the most part they live in traditional families in Fasseribougou, a village in the municipality of Loulouni, which is part of Sikasso, the third administrative region of Mali.

They have been working with the Soro Yiriwaso micro-finance institution to carry out their farming activities during the rainy season. They are on their sixth agricultural loan cycle with Soro Yiriwaso, and all previous loans have been repaid in full.

The selected crop is rice featuring Mrs. Abi, who is sitting in the middle in the picture of this Benkola 5 group of women. She will use her loan to buy seeds, two 50-kilo bags of fertilizer, one can of herbicide, and pay the tilling costs to maintain one half of an hectare (about 1.24 acres).

After harvest the crop is sold at village level and in Sikasso, to a clientele composed of men and women, for cash and on credit.

She expects to make an average profit of 73,000 CFA francs per growing season. This profit will enable her to pay off the loan and its interest, and also help her husband with the family's daily expenses.

In this group: Adiara , Fatoumata Amadou, Anchata Drissa , Afouchata , Abi , Djeneba
*not pictured

Translator profile picture

Translated from French by Kiva volunteer René McConnell



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: May 20, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: May 20, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children