Check out some available loans that are similar to this one!
Benkelema Group
In this Group: Kadia , Awa , Adiara , Awa , Barke , Fatoumata
Benkelema is composed of six women, all of whom are married with four children, are an average age of 40, and generally live in polygamous families in Loulouni, a sub-prefecture of the Sikasso region - the third largest administrative region in Mali. They are on their seventh collaboration with the Soro Yiriwaso microfinance organisation, with the aim of boosting their business revenues and increasing their customer base. The group members, such as the highly sought-after Awa Traoré, sell cereals and fabric, firewood and atieké (a manioc-based food). Awa Traoré aims to use her loan to buy 30 cartloads of manioc, which will be processed to atieké; she sources her goods from the Loulouni market and from the neighbouring villages.
The atieké is sold retail and wholesale for cash at the Loulouni market, to a male and female customer base. Awa envisages generating an average monthly profit of 18, 000 FCFA - a portion of this will be saved to pay for her children's education and the family's food, and the rest will be re-invested in business activities.
View original language description ↓
Benkelema est constitué de six femmes toutes mariées, ayant une moyenne d’âge de 40 ans, 4 enfants et vivant la plupart dans des familles polygames à Loulouni une sous préfecture de la région de Sikasso 3ème région administrative du Mali.
Elles sont à leur septième collaboration avec l’institution de microfinance Soro Yiriwaso dans le but d’accroitre leur chiffre d’affaire et leur clientèle.
Ce groupe de femme mène diverses activités telles la vente de céréales de tissus, de charbon de bois et la vente d’atieké (aliment à base de manioc) avec Awa Traoré, qui est très sollicitée et appréciée.
Awa Traoré comptent acheter avec son prêt 30 chargements de charrettes en manioc qui sera transformé en atiéké. Elle s’approvisionne au marché de Loulouni et dans les villages voisins.
L’atieké est vendu en détail et en gros au marché de Loulouni à une clientèle composée d’hommes et de femmes, au comptant.
Awa envisage réaliser un bénéfice mensuel moyen de 18 000FCFA dont une partie sera utilisée en épargne pour survenir au payement de la scolarité des enfants ainsi que les frais de nourriture de la famille et l’autre partie sera investie 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
  • 33
    View loans »
    Mali Loans Fundraising
  • $10,780,200
    Funds lent in using Kiva
  • 488.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkelema Group's $925 loan helped a member purchase of manioc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010