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Benkadi Group
In this Group: Aminata , Fatoumata , Chata , Mariam , Fanta
BENKADI is a group mainly consisting of married women with an average age of 39 and an average of four children. For the most part, they live in monogamist families in Bougoula, one of the popular neighborhoods of Sikasso. They are on their 14th loan with the Microfinance Institution Soro Yiriwaso to help meet the needs of their clients. Aminata, pictured first in the large boubou, sells potatoes. She has been doing this for about 14 years and has a very good reputation. With her loan, she plans to buy about ten 50kg sacks of potatoes. She buys from producers in the neighborhoods in Sikasso. She resells them, by order, at the market, and to family; she has both male and female customers. She plans to make an average monthly profit of 43,500 FCFA which will partly be used to pay for the loan and its interest and the other part for savings. She hopes to increase her business to better satisfy her customers.
View original language description ↓
BENKADI est un groupe constitué essentiellement de femmes mariées avec une moyenne d’âge de 39 ans, et en moyenne 4 enfants. Elles vivent la plupart dans des familles monogamiques à BOUGOULA - VILLE un des quartiers populaires de la ville de Sikasso.
Elles sont à leur quatorzième prêt avec l’institution de microfinance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle.
AMINATA, la première en grand boubou, fait le commerce de la pomme de terre, il y'a environ 14 ans et jouis d’une grande renommée à la matière.
Elle compte acheter avec son prêt une dizaine de sacs de 50kg de pommes de terre. Elle s’approvisionne chez les producteurs dans les voisinages de Sikasso ville.
Elle les revend en détail, sur commande, au marché et en famille à une clientèle composée d’hommes et de femmes au comptant.
Elle envisage réaliser un bénéfice mensuel moyen de 43.500FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne.
Elle ambitionne d’augmenter son chiffre d’affaire pour mieux satisfaire sa clientèle.

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
  • 16
    View loans »
    Mali Loans Fundraising
  • $10,738,725
    Funds lent in using Kiva
  • 492.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,525 loan helped a member to buy potatoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 24, 2012