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Benkadi Group
In this Group: Minata , Hawa , Massitan , Sitan , Mama , Kadiatou , Djelika , Sitan , Mariam , Alimata
The majority of the 10 women of the Benkadi Group are married in monogamous families; the women average 44 years of age and four children. They live together in the village of Bounou Markala in the Ségou region (4th Administrative Region of Mali). They met through family, neighborhood and marriage ties.

The members of the group run a small business selling sugar, rice, ground nuts, seasonings (eggplant, shea butter, tomatoes...), various boutique goods (tea, candy, cigarettes, matchboxes...), soap, etc.

With the aim of pleasing their customers, the members of the group have decided to collaborate with Soro Yiriwaso and are taking their first group loan.

Mrs. Mama (the first woman in a seated position in the photo, from right to left) is the sugar vendor in the group. She plans to use her loan to purchase two sacks of sugar. She obtains her sugar supplies at the Konodimini market and conducts her sales from her home and throughout the surrounding villages, for cash to a group of customers made up of men and women.

With this loan, Mrs. Mama hopes to see a monthly profit of 18,000 CFA francs, which will be used to reinvest in the business and to contribute to family expenses.
View original language description ↓
Les dix femmes du groupe Benkadi sont mariées majoritairement dans des familles monogames, avec en moyenne 44 ans et 4 enfants. Elles habitent ensemble dans le village de Bounou Markala, région de Ségou (4ème Région administrative du Mali). Elles se sont connues à travers des liens de parenté, de voisinage et de mariage.
Les membres du groupe font le petit commerce de sucre, riz, cacahouète, condiments (aubergine, beurre de karité, tomates, …), articles divers de boutique (thé, bonbon, cigarette, boîtes d’allumette, …), de savon etc.
Dans le but de satisfaire leurs clientèles, les membres du groupe ont décidé de collaborer avec Soro Yiriwaso et sont à leur 1er prêt solidaire.
Madame Mama (1 ère femme sur la photo de la droite vers la gauche en position assise) est la vendeuse de sucre dans le groupe.
Elle compte utiliser son prêt pour acheter, deux sacs de sucre. Elle se ravitaille en sucre à la foire de Konodimini, et effectue ses ventes au comptant et à crédit à domicile et en ambulant dans les villages environnants, à une clientèle composée d’hommes et de femmes.
Madame Mama espère réaliser avec ce prêt un bénéfice mensuel moyen de 18 000FCFA qui sera utilisé, pour être réinvesti dans l’activité et contribuer pour les dépenses de la famille.

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
  • 11
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 499.7
    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 purchase sugar.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 17, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012