A loan of $1,825 helped a member to buy fertiliser and to pay the labourers' wages.

Benkadi C Group's story

The 6 members of the Benkadi C group are married men with an average age of 46 and, on average, 6 children. Most of them live in traditional families in N'Goloko, a village in the Dogoni commune, Sikasso Circle, the third administrative district of Mali. They are working with the microfinance institution Soro Yiriwaso in order to be able to carry out their agricultural activities during the rainy season. This is their 5th loan from the MFI Soro Yiriwaso, and they have properly repaid their previous loans.

Salif, standing on the right in the group picture, grows maize. He plans to use his loan to buy 8 50-kilo bags of fertiliser and 10 cans of herbicide of varying quality, and to pay the labourers needed to cultivate 1 hectare of land. After the harvest, the produce is sold for cash or credit in the village and in Sikasso, to a clientèle made up of men and women. He expects to make an average profit of 160 000 francs per crop cycle. This profit will enable him to repay his part of the loan and its interest and to contribute to the family's daily expenses.

In this group: Amidou , Daouda N , Abdou , Sidiki , Salif , Abdoulaye

Translated from French by Kiva volunteer

Loan details

Lenders and lending teams

Loan details