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Benkelema Group
In this Group: Awa , Adiara , Awa, Barke , Fatoumata , Mama
The six members of the group BENKELEMA are married women for the most part who average 36 years of age and three children each. They live mostly in polygamous families in Loulouni (third administrative region of Mali).

They are collaborating with the microfinance institution Soro Yiriwaso for the tenth time to meet the needs of their customers. Previous loans were repaid without problems.

BARKE sells food condiments. A member of BENKELEMA, she is first from the right in the photo, wrapped in a white shawl.

She will use her loan to buy 50 kg of salt, two boxes of Maggi broth cubes, one 20-liter can of cooking oil, and three packages of dried onion. She gets her merchandise in Bamako and Sikasso. She conducts her sales at retail, among family members in the district of BOBOKIN, and also on fair days at the Loulouni market, to a clientele composed mainly of women, and mostly for cash but occasionally on credit.

She expects to make an average monthly profit of 37,250FCFA, part of which will be used to pay the loan and interest, and the rest added to her savings.
Les six membres du groupe BENKELEMA sont majoritairement des femmes mariées qui ont une moyenne d’âge de 36 ans, ont en moyenne 3 enfants et vivent la plupart dans des familles polygames à LOULOUNI (3ème région administrative du Mali).
Elles sont à leur dixième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Les prêts antérieures se sont bien dénoués.
BARKE, fait le commerce de condiments alimentaires dans ce groupe femmes BENKELEMA, elle est la première à droite avec un pagne blanc au cou.
Elle compte acheter avec son prêt, 50kg de sel gemme, 2 cartons de cube Maggi, 1 bidon de 20 litres d’huile alimentaires et 3 paquets d’oignon séchées. Elle s’approvisionne à Bamako et à Sikasso ville et effectue sa vente en détail, dans sa famille au quartier BOBOKIN et les jours de foire, au marché de la ville de LOULOUNI, à une clientèle composée essentiellement de femmes, au comptant souvent à crédit .
Elle envisage réaliser un bénéfice mensuel moyen de 37.250FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.

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
  • 51
    View loans »
    Mali Loans Fundraising
  • $10,780,275
    Funds lent in using Kiva
  • 478.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkelema Group's $1,900 loan helped a member to buy food condiments for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2011
Listed
Oct 3, 2011
Currency Exchange Loss:
Possible
Ended:
May 11, 2012