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Benkadi Group
In this Group: Diatou , Minata , Rokia , Fatoumata , Mariete , Fatoma , Ramatou , Awa , Awa
Made up of nine married women, the members of this Benkadi group have an average age of 38 and on average, 6 children each. They live in nuclear families with their children and husbands. The women live in the HEREMAKONO-NORD district of the town of BOUGOUNI, third administrative region of the Republic of Mali.

These women met because of friendships and commercial relationships, and they sell condiments, lengths of African-print cloth, sheets, dyed cloth, and, in the case of Rokia T., fish.

Wishing to expand their purchasing power so that they can satisfy the demand of their clientele, they decided to join the Microfinance Institution Soro Yiriwaso, with whom they are on their second group loan. The preceding loan was correctly reimbursed.

Mrs. Rokia T. sells fresh fish, a business she learned from her mother when she was very young. With this loan she intends to buy 200 kg of saltwater fish and 120 kg of fresh water fish. She buys her fresh water fish from Bozo-ethnicity fishermen along the river SANKARANI in the prefecture of YANFOLILA, whereas she buys her ocean fish frozen in Ivory Coast. All her sales are retail, for cash or credit, in the town of BOUGOUNI to a clientele composed of men and women. With this loan, she expects to make a monthly profit of 20,000 F CFA whereas the other members of the group expect a monthly profit of 15,000 F CFA which they say will be used for their businesses.
View original language description ↓
Composé de neuf femmes mariées les membres du groupe BENKADI ont une moyenne d’âge de 38 ans et de 6 enfants. Elles vivent dans des familles conjugales nucléaires avec leurs enfants et époux. Ces femmes résident dans le quartier HEREMAKONO-NORD de la ville de BOUGOUNI, troisième région administrative de la république du Mali.
Par des relations d’amitié et de commerce, ces femmes se sont connues et font le commerce de condiments alimentaires, de pagnes, de draps de lit, de tissus teintés et de poissons avec Rokia T..
Dans le souci d’améliorer leur capacité d’achat afin de satisfaire l’attente des clients, elles ont décidé d’adhérer à l’institution de microfinance Soro Yiriwaso, avec qui elles sont à leur deuxième prêt de groupe. Le prêt précédent a été bien remboursé.
Madame Rokia T. fait le commerce de poisson frais qu’elle a appris auprès de sa maman depuis le bas âge. Avec ce prêt Rokia T. compte acheter 200kg de poissons de mer et 120 kg de poisson d’eau douce. Elle s’approvisionne auprès des bozos pécheurs installés au long du fleuve SANKARANI dans la préfecture de YANFOLILA, tandis-que les poissons de mer congelés sont achetés de la Côte d’Ivoire. Toutes les ventes se font en détail, au comptant et à crédit dans la ville de BOUGOUNI à une clientèle composée d’hommes et de femmes. Avec ce prêt le elle compte obtenir un bénéfice mensuel de 20 000 FCFA alors que les autres membres du groupe comptent sur un bénéfice mensuel de 15 000F CFA qui sera utilisé selon elles dans leur activité.

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
  • 36
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 446.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,025 loan helped a member to buy ocean fish and fresh water fish for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2011
Listed
Apr 28, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011