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Benkadi Group
In this Group: Oumou , Sira , Bouri , Awa
The members of Benkadi Group of Tiessiri Association are married women who, on average, are 39 years old and have six children. They live with their husbands and children in large traditional families in the village of Konobougou in the sub-prefecture of Baroueli, region of Ségou in the Republic of Mali. They are neighbors or family members to each other and run small convenience stores with diversified articles. These women have joined the microfinance institution Soro Yiriwaso in order to ensure the long-term success of their businesses. This is their seventh group loan and they have repaid all their previous loans on schedule.


They will use their loan to buy 150 sacks of charcoal and a large quantity of fruits and vegetables. They will buy these fruits, vegetables and charcoal in the surrounding villages and sell them in Konobougou to a clientele made up of women and men.


They expect to make an average profit of 60,000 CFA francs (US$133) each per month. They will reinvest part of their profit in their businesses and spent part of it to provide for their families.

View original language description ↓
Les membres du groupe Benkadi de l’association Tiessiri sont des femmes mariées ayant une moyenne d’âge de 39 ans et 6 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans le village de Konobougou, sous préfecture de Baroueli, Région de Ségou, République du Mali.
Elles se sont connues à travers des liens de voisinage, de parentés et exercent le petit commerce d’articles divers comme activités.
Ces femmes ont intégrés l’institution de microfinance Soro Yiriwaso dans le but de pérenniser leurs activités lucratives.
Elles sont à leur septième prêt de groupe et tous les prêts précédents ont été correctement remboursés.
Avec ce prêt elles comptent acheter, 150 sacs de charbon de bois et une importante quantité de fruits et légumes. Les fruits, légumes et charbon de bois sont achetés en détail dans les villages environnants et sont revendus sur place à Konobougou à une clientèle composée de femmes et d’hommes.
Elles envisagent réaliser chacune un bénéfice moyen de 60.000 FCFA par mois. Les bénéfices sont d’une part réinvestis dans l’activité et d’autre part dans les dépenses quotidiennes de la famille.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 41
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 448.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,350 loan helped a member to buy fruits, vegetables and charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2009
Listed
Oct 4, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010