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Bendiya Group
In this Group: Tenin, Awa , Djeneba Pamine , Fatoumata Baba , Alimata , Néné , Tata Taka , Fatoumata Drissa , Adiara , Nah
The ten members of the group Bendiya are married women mostly in large traditional families.  The members average 37 years of age and four children each, and they all live in Farabougou, a village of the rural community of Téssérèla (4th administrative region of the Republic of Mali).  They know one another through ties of kinship, marriage, and community, and through their businesses.  This group of women does commerce in condiments, such as onions (with Ms. Awa C.), sweets, grains, calabashes, etc.

Wanting to increase their working capital, the group members decided to collaborate with the micro-finance institution Soro Yiriwaso and are now on their very first solidarity loan. 

Awa C. intends to use her loan for buying 200 kg of fresh onions.  She stocks up in N’gassola and in Tissala.  Generally accepting cash, she resells her fresh onions out of her home and at the weekly fair in Ségou,  

Awa plans on making a monthly profit of 17,000 francs CFA that will be used to repay her loan, to take part in covering certain family expenses, and participating in societal events (marriages, baptisms, and funerals.)
View original language description ↓
Les dix membres du groupe Bendiya sont mariées majoritairement dans des grandes familles traditionnelles ayant en moyenne 37 ans, 4 enfants et habitant toutes, Farabougou, un village de la Commune Rurale de Téssérèla (4ème Région administrative du Mali).
Elles se sont connues à travers des liens de parenté, de mariage, de voisinage et de leurs activités commerciales.
Ce groupe de femmes fait le commerce de condiments alimentaires tels l’oignon avec Awa C., les friandises, les céréales, les calebasses etc.
Dans le souci d’augmenter leurs fonds de commerce, elles décidèrent de collaborer avec Soro Yiriwaso, et sont à son tout 1er prêt solidaire.
Awa C. compte utiliser son prêt pour acheter, 300kg d’oignon frais. Elle s’approvisionne à N’gassola et à Tissala. Elle revend son oignon frais à domicile et à la foire hebdomadaire de Ségou généralement au comptant.
Madame Awa compte réaliser un bénéfice mensuel de 17.000FCFA qui servira au remboursement son prêt, à la contribution pour la prise en charge de certaines dépenses familiales et à la participation aux évènements sociaux (mariages, baptêmes et funérailles).

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
  • 42
    View loans »
    Mali Loans Fundraising
  • $10,429,550
    Funds lent in using Kiva
  • 484.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bendiya Group's $1,050 loan helped a member buying fresh onions.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2010
Listed
Apr 18, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010