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Ben (Entente) Group
In this Group: Fatoumata , Mamou , Abi , Mamou , Mayama , Bintou , Kadia
Ben is a group of women from Koutiala who are close friends and who live in large traditional families with their husbands, children, and other relatives. Each of them is married with at least three children, and the average age of the group is 34 years old.

These women sell various items such as firewood, vegetables, and soap. To expand their business, the group members decided to join Soro Yiriwaso's credit program. This is their first group loan.

Fatoumata, second from the right, is the member of the Ben group who sells exclusively firewood.

She plans to use her loan to buy cartloads of firewood from the neighboring villages: Kapala, Gouintina, and Finkoloni. She sells her firewood both wholesale and retail for cash from her home to a diverse customer base.

While the other members of the Ben group expect to earn, on average, a profit of 45,000 FCFA each over the course of this loan cycle, Fatoumata expects to earn 55,000 FCFA.

In addition to paying back their loans, part of the revenue is used to cover everyday family expenses. They hope to strengthen their partnership with Soro Yiriwaso in order to avoid disruptions in their firewood supply.
View original language description ↓
Ben est un regroupement de femmes de Koutiala qui se connaissent bien et vivent dans des grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 34 ans, sont mariées et mères d’au moins 3 enfants.
Ce groupe de femmes fait le commerce d’articles divers tel que le bois de chauffe, les légumes et du savon. Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso et sont à leur premier prêt de groupe.
Fatoumata, deuxième à partir de la droite est le membre du groupe Ben qui vend exclusivement du bois de chauffe.
Elle compte utiliser son prêt pour acheter, des chargements de charrette en bois de chauffe dans les villages environs : Kapala, Gouintina et Finkoloni. Elle vend en gros et en détail au comptant à la maison à une clientèle diverse et variée.
Tandis que les membres du groupe Ben comptent réaliser un bénéfice moyen de 45 000FCFA chacune au cours de ce cycle, Fatoumata compte réaliser 55 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses courantes de la famille.
Elles souhaitent voir renforcer ce partenariat avec Soro Yiriwaso pour éviter les ruptures de stocks de bois de chauffe.

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
  • 31
    View loans »
    Mali Loans Fundraising
  • $10,386,300
    Funds lent in using Kiva
  • 496.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Ben (Entente) Group's $725 loan helped a member to buy firewood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012