Funded

Total loan: $1,100
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Benkadi 3 Group

Mali
Komo, Mali / Farming

A loan of $1,100 helped a member to pay for labor and the purchase of inputs and seeds.


Benkadi 3 Group's story

The seven members of the Benkadi 3 group are married women, who average 26 years of age with two children each; they all live in polygamous families in Komo, one of the villages in Tiele in Mali's second administrative region. They collaborate with the microfinance institution, Soro Yiriwaso, so that they can carry out their farming activities successfully during the winter season. They are on their sixth seasonal loan with the institution.

Mafing, who is sitting on the far right of the photo, grows groundnut and rice. With her loan she is planning to buy inputs and seeds and also pay for labor to maintain two hectares of land. Once harvested, the produce is sold in Tiele to a customer base made up of retailers and consumers.

She is expecting to make an average profit of 190,000FCFA per season. This profit will enable her to repay her loan and also to help out her husband with the daily outgoings.

In this group: Mafing , Kolokele , Mariam , Korotoumou , Madeni , Diby , Djaba
*not pictured

Translator profile picture

Translated from French by Kiva volunteer Alison Le Bras



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 18, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children

Lenders and lending teams




Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: June 18, 2014
Facilitated by Field Partner: Soro Yiriwaso, a partner of Save the Children