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Benkadi Group
In this Group: Raba , Fanta , Awa , Koniba , Fatoumata , Aminata
The women of the Benkadi Group, all married, are on average 50 years old, have six children and all live in large extended families in the village of Warikebougou, a prefecture of Barouéli, in the region of Ségou (the fourth administrative region in the Republic of Mali). They know each other through kinship ties, as neighbors and as friends. They sell livestock, spices and perfume. The women of the Benkadi Group are on their ninth group loan.

Aminata D. intends to purchase several sheep and goats by foot in the village and its surroundings. She conducts her sales from her home and at the market of Konobougou, in cash and credit, to a clientele made up of men and women.

She hopes to earn an average monthly profit of 40,000 FCFA which will be used to pay the loan installments, contribute to social ceremonies and the remainder will be reinvested in her business.
View original language description ↓
Les femmes du groupe Benkadi, toutes mariées, ont en moyenne 50 ans, 6 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de warikebougou, préfecture de Barouéli ; Région de Ségou (quatrième région administrative de la république du Mali). Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de bétail, de condiments et de parfums.
Les femmes du groupe Benkadi sont à leur neuvième prêt solidaire. AMINATA D. compte acheter quelques de moutons et chèvres sur pieds dans le village et environnants. Elle effectue ses ventes sur place à la maison et au marché de Konobougou, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice moyen mensuel de 40 000F CFA qui sera utilisé pour payer les échéances du prêt, payer les contributions des cérémonies sociales et le reste sera réinvesti dans son activité de commerce.

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
  • 21
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 479.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,275 loan helped a member purchasing livestock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011