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Benkadi Group
In this Group: Awa , Ramata , Awa , Ami , Fatoumata
The members of the Benkadi group are married women who are on average 41 years old with three children. With their husband and children they live in large traditional families in the town of Fana, in the Banankabougou district; this lies in the prefecture of Fana, in the region of Koulikoro in the Republic of Mali.

They met through neighbors and relatives and have a business selling various items. These women work together with the microfinance company, Soro Yiriwaso, with the objective of satisfying their customers, who are increasing day by day in number. They are on their seventh group loan and all the previous loans have been repaid without incident. With this loan they are planning to buy 60 crates of sweetened drinks, ten sheets and ready to wear clothes in Bamako, rice locally to make into fritters, beef heads and legs from the butchers in the town with which to make sauce. The sale of these products is carried out in the women's homes and in the market at Fana to a customer base made up of women and men.

They are planning to make an average monthly profit of 45,000FCFA each. The profits will be partly reinvested in the business and partly used for the daily expenses of the family. Their ambition is to expand their field of activity to include the raising of sheep and goats.
View original language description ↓
Les membres du groupe Benkadi sont des femmes mariées ayant une moyenne d’âge de 41 ans et 3 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans la ville de Fana, quartier Banankabougou, sous préfecture de Fana, Région de Koulikoro, République du Mali.
Elles se sont connues par des liens de voisinage, de parentés et font le commerce d’articles divers.
Ces femmes collaborent avec l’institution de microfinance Soro Yiriwaso dans le but de satisfaire leur clientèle qui ne cesse d’accroître du jour en jour. Elles sont à leur septième prêt solidaire et tous les prêts précédents ont été bien remboursés.
Avec ce prêt elles comptent acheter, 60 casiers de boissons (sucreries), une dizaine de draps et des prêt à porter à Bamako, du riz sur place pour sa transformation en baignés, des têtes et pattes de bœufs avec les bouchers de la ville pour en faire de la sauce. La vente de ces produits s’effectue aux domiciles des femmes et dans le marché de Fana à une clientèle composée de femmes et d’hommes.
Elles comptent réaliser chacune un bénéfice moyen de 45 000FCFA par mois. Les bénéfices sont d’une part réinvestis dans l’activité et d’autre part dans les dépenses quotidiennes de la famille.
Elles ont pour ambition d’élargir leur secteur d’activités en embrassant l’élevage des ovins et caprins.

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
  • 32
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 459.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,650 loan helped a member purchase of various items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2009
Listed
Jan 4, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2010