A loan of $1,375 helped a member to pay for fertiliser, labour costs, farming inputs and seeds.

Benkadi 1 Group's story

The ten members of the Benkadi 1 Group are married women with an average age of 43 and an average of three children each. The majority of them live within traditional family frameworks in Fatia, a village in Sikasso Cercle, the third administrative region of Mali. They are collaborating with the Soro Yiriwaso microfinance institution so that they can see through their agricultural activities during the winter period. This is their seventh loan with Soro Yiriwaso, with whom their previous loans were paid back in full. The group's main produce is millet. The group's representative is Minata, the woman standing second from the right in the photo taken of the entire Benkadi 1 Group. With this loan, she is planning on buying seeds, two 50-kg sacks of fertiliser and two cans of herbicide, as well as paying for the labour costs to maintain three-quarters of a hectare of land. After the harvest, the produce is sold on a village level as well as at the markets of Sikasso to a customer base made up of both men and woman, accepting both credit and cash as payment. She is planning on making an average profit of 85,000 FCFA per season. These profits will allow her to pay off part of the loan and its interest and to also help her husband with their family's daily living expenses.

In this group: Michata, Aissata, Dialia Diarra, Minata, Marietou, Korotoumou, Korotoumou, Ami, Djeneba, Salimata

Translated from French by Kiva volunteer Christopher Smith

Loan details

Lenders and lending teams

Loan details