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Benkadi Group
In this Group: Mariam , Fatoumata , Yaya , Sitan , Mariam , Malado , Maman Doufié
The seven women of the Benkadi group are 32 years old, married with an average of 5 children each, and mostly live in monogamous families. They all live in the Hamdallaye quarter of Ségou, the fourth largest administrative region of the Republic of Mali), and met through their business dealings. The group's members buy and sell condiments (Jumbo stock cubes), pasta, bananas, traditional cloths (finished Dali or Koba), headscarves, handbags, incense and firewood. In order to boost their working capital, the members joined Soro Yiriwaso and are on their second microcredit loan cycle. Mrs Malado C. aims to use her loan to buy 7 traditional wax clothes from the fabric suppliers in Ségou's market. She buys wholesale and sells via retail for cash or credit. She goes from door to door and sells from the Château market to a customer base made up of men and women. Mrs C. hopes to generate an average monthly profit of 30,000 FCFA which she will reinvest in the business and use to meet her family's everyday needs. Like the other group members, she wishes to boost her business revenues through this partnership with Soro Yiriwaso.
View original language description ↓
Les sept femmes du groupe Benkadi sont mariées majoritairement dans des familles monogames avec en moyenne 32 ans et 5 enfants par femme. Elles habitent toutes dans le quartier Hamdallaye de la ville de Ségou (4ème Région administrative du Mali) et se sont connues à travers leurs activités génératrices de revenus au marché Château de Ségou.
Les membres du groupe font l’achat et la vente de condiments (tablettes de cubes jumbo), pâtes alimentaires, bananes, tissus traditionnels (Dali fini ou Koba), foulards, sacs à main, encens et bois de chauffe.
Dans le but d’augmenter leur fonds de commerce les membres du groupe ont adhéré à Soro Yiriwaso et sont à leur 2ème cycle de prêt solidaire.
Madame Malado C. compte utiliser son prêt pour acheter, 7 pagnes de tissus traditionnels avec les tisserands installés au grand marché de Ségou. Elle se ravitaille en gros et revend en détail, au comptant et à crédit, à domicile, en ambulant et au marché Château à une clientèle composée de femmes et d’hommes.
Madame Malado C. espère réaliser avec ce prêt un bénéfice mensuel moyen de 30 000FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge les petits besoins du foyer. A l’instar des autres membres du groupe, elle a pour objectif d’augmenter le volume de son activité dans ce partenariat avec Soro Yiriwaso.

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

  • $1,100
    Average annual income
  • 32
    View loans »
    Mali Loans Fundraising
  • $11,460,850
    Funds lent in using Kiva
  • 450.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,175 loan helped a member to purchase traditional cloths (finished Dali or Koba).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2011
Listed
Apr 24, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011