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Benkadi Group
In this Group: Baro , Bintou , Maïmouna , Tata , Sali , Sitan , Nana , Yah , Azara , Nana
The ten members of the Benkadi group are married and live mostly in monogamous families. They are on average 29 years old and have two children. They live in the village of Somonodougouni in the rural community of Konodimini, in the Ségou region (the fourth administrative region of Mali).

They know each other through family and marriage ties. The members of the group are in the business of selling various items such as balas, dried shallots, fresh and smoked fish, etc. With the goal of increasing their working capital, the members of the group have decided to take advantage of the credit program through Soro Yiriwaso, and they are on their first joint loan with the institution.

Madame Azara Sogoré, a member of the group, plans to use her loan to buy 10 baskets of fresh fish on the shore of the Niger River in the village. To smoke fish, one has to properly wash the fresh fish and spread them out on surfaces made for this purpose. Under this a fire is lit, in one corner of the courtyard outside the house, for at least two or three days. The fish must be tended to throughout the process. The smoked fish is then sold door to door and in the markets in Konodimini and Konobougou for cash and on credit, generally to women.

Madame Azara Sogoré hopes to earn with this loan an average monthly profit of 30,000 FCFA to be used to meet the daily needs of her household, as well as to reinvest in her business. Like the other women in the group, she plans to buy and raise small livestock.
View original language description ↓
Les dix membres du groupe Benkadi sont mariés majoritairement dans des familles monogames avec en moyenne 29 ans et 2 enfants. Elles habitent le village de Somonodougouni dans la commune rurale de Konodimini dans la région de Ségou (4ème Région administrative du Mali).
Elles se sont connues à travers des liens de parenté et de mariage. Les membres du groupe font le petit commerce d’articles divers tels le balais, les feuilles séchées d’échalotes, de poissons frais et fumés etc.
Dans le but d’augmenter leurs fonds de commerce les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso et sont à leur 1er cycle de prêt solidaire avec l’institution.
Madame Azara Sogoré, qui est un membre du groupe, compte utiliser son prêt pour acheter, 10 corbeilles de poissons frais au bord du fleuve Niger dans le village.
Pour avoir du poisson fumé, on lave proprement les poissons frais, les étale sur les matériels conçus pour la circonstance au dessous duquel on active le feu dans un coin de la cour de la maison pendant deux ou trois jours au moins. On procède ensuite au suivi régulier tout au long du processus. Le poisson ainsi fumé est vendu à domicile et dans les foires de Konodimini et Konobougou au comptant et à crédit à une clientèle constituée généralement de femmes.
Madame Azara Sogoré espère réaliser avec ce prêt un bénéfice mensuel moyen de 30 000FCFA qui sera utilisé pour assurer les petits besoins du foyer et réinvestir dans l’activité. Elle a pour objectif à l’image des autres femmes du groupe l’achat des petits ruminants pour des fins d’élevage.

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
  • 24
    View loans »
    Mali Loans Fundraising
  • $10,710,025
    Funds lent in using Kiva
  • 469.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,075 loan helped a member to buy fresh fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Nov 2, 2010
Currency Exchange Loss:
Covered
Ended:
May 22, 2011