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Benkelema Group
In this Group: Bintou , Ramata , Mariam , Aramatoulaye
The four members of the Benkelema group are essentially married women with an average age of 35 and 4 children, on average. They mostly live in polygamous families in the Babemba neighborhood of the town of Sikasso, third administrative region of Mali.



They collaborate with the microfinance institution Soro Yiriwaso so as to satisfy the needs of their clientele, and they are on their fourth solidarity loan. The preceding loans have been correctly reimbursed.



They sell a variety of items such as Real brand African print cloth, soap, used clothing, peanut butter, etc. With their new loan they intend to buy 14 lengths of Real brand African print cloth, 20 cases of soap, 4 bales of used clothing, and 350 kg of peanuts (to make into peanut butter).

They get their inventory at the Sikasso city market and in the surrounding villages. They sell at the Médine market, hawking their wares, and out of their houses, for cash and often on credit, to a clientele composed of men and women. They each expect to make an average monthly profit of 30,500 F CFA, of which part will be added to their savings or used for family needs, and the rest invested into their businesses.

View original language description ↓
Les quatre membres du groupe Benkelema sont essentiellement des femmes mariées avec une moyenne d’âge de 35 ans et 4 enfants. Elles vivent la plupart dans des familles polygames au quartier Babemba, un des quartiers de la ville de Sikasso, 3ème région administrative du Mali.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle et sont à leur quatrième prêt solidaire. Les prêts précédents ont été bien remboursés.
Elles font le commerce d’articles divers avec la vente de wax – real, savons, friperie, pâte d’arachide etc.
Avec leur nouveau prêt, elles comptent acheter, 14 pièces de pagnes wax – real, 20 cartons de savons, 4 balles de friperies et 350kg d’arachides (pour en faire la pâte d’arachide).
Elles s’approvisionnent au marché de Sikasso ville et dans les villages avoisinants. Elles vendent au marché de Médine, de façon ambulante et à domicile, au comptant et souvent à crédit à une clientèle composée d’hommes et de femmes.
Elles envisagent réaliser chacune un bénéfice mensuel moyen de 30.500 FCFA dont une partie sera utilisée pour l’épargne et les besoins de la famille, l’autre partie sera réinvestie dans les activités.

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
  • 159
    View loans »
    Mali Loans Fundraising
  • $11,260,000
    Funds lent in using Kiva
  • 464.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkelema Group's $875 loan helped a member purchase of various items for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2009
Listed
Jan 22, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010