A loan of $625 helped a member to pay for cost of labor, agricultural inputs, tools and seeds.


Benkasigui 2 Group's story

The eight members of the Benkasigui 2 group are married women averaging 39 years of age, with four children. They all live in traditional families in Toura-Peulh, a village in the township of Torakoloba, the district of San, the fourth administrative region of Mali. They collaborate with the Soro Yiriwaso microfinance institution in order to better manage their agricultural businesses during the rainy season. They are on their fifth loan with Soro Yiriwaso, having duly repaid their prior loans. They grow peanuts, which is what Sahali does, for example. She is the first one seated on the right in the photo. With her loan, she plans to buy agricultural inputs [such as fertilizers], seeds, small tools and pay the cost of labor to work one ha [2.5 acre] of land. After harvesting, she sells her produce at the village and in Torakoloba, to a mixed clientele. She plans to earn an average monthly revenue of 24,000 West African francs at the end of the agricultural cycle. This revenue will allow her to pay off her loan and help her husband with everyday expenses.

In this group: Koumourou, Chata , Bintou , Awa , Minata, Awa , Bintou , Sahali
*not pictured

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Translated from French by Kiva volunteer Ekaterina Sukhanova



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