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Benkadi   (L’Entente) Group
In this Group: Fanta , Rokia , Kadiatou , Adama
Benkadi is a grouping of women from the Mousabougou district of the town of Koutiala; they live in large traditional families with their husbands, children and other relatives, they average 44 years of age and are married with at least six children each.

This group of women sell "pagnes" (a West African term for highly colourful pieces of fabric) as well as all sorts of clothing and second hand clothes. In order to expand their businesses, the members of the group decided to join Soro Yiriwaso's loan program three years ago. They are on their sixth group loan and all the previous loans were repaid in full.

Adama Nantoumé, who is a member of the Benkadi group, sells all sorts of clothing: Dogon "pagnes", damask fabric, second-hand clothing ..., and she also does wool knitting (an activity for which she is equally in demand). She is planning to use her loan to buy Dogon "pagnes" in Bandiagara, as well as damask fabric and some second-hand clothes in Bamako. She sells her goods on a retail basis for cash at the large market in Koutiala and at home to a diverse customer base.

While the members of the group are expecting to make a monthly profit of 160,000FCFA each during this cycle, Mrs. Nantoumé is planning to make 190,000FCFA. As well as repaying their loans, the women use part of their income to cover their families' day-to-day expenses.
View original language description ↓
Benkadi est un regroupement de femmes du quartier de Mousabougou de la ville Koutiala qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents et ont en moyenne 44 ans, sont mariées et mères d’au moins 6 enfants.
Ce groupe de femmes fait le commerce de pagnes, d’habits de toutes sortes et des friperies.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y a 3 ans. Elles sont à leur sixième prêt de groupe et tous les prêts précédents ont été bien remboursés.
Adama Nantoumé qui est un membre du groupe Benkadi vend des habits de toutes sortes : pagnes Dogon, bazins, friperies…, et elle fait également du tricotage de laine (une activité dans laquelle elle est aussi sollicitée).
Elle compte utiliser son prêt pour acheter, des pagnes Dogon à Bandiagara, des bazins et quelques friperies à Bamako. Elle vend ses articles en détail et au comptant au grand marché de Koutiala, à la maison, à une clientèle diverse et variée.
Tandis que Les membres du groupe comptent réaliser un bénéfice moyen de 160 000FCFA chacune au cours de ce cycle, Adama Nantoumé compte réaliser 190 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.

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
  • 10
    View loans »
    Mali Loans Fundraising
  • $10,172,500
    Funds lent in using Kiva
  • 497.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi (L’Entente) Group's $1,225 loan helped a member purchase of clothes.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 1, 2010
Listed
Dec 3, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011