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Benkadi Group
In this Group: Oumou , Astan , Djèkè , Fanta , Doumbely
The five members of the Benkadi group are married women, living mainly in monogamous families. On average, they are 43 years old with five children. They all live in the Darsalam district of Ségou (the 4th administrative district of Mali) and know each other as neighbors, relatives and vendors at the Médine market of Ségou. They sell condiments (tomatoes and onions), traditional “pagnes wax” cloth and cereals (millet). With the goal of increasing their work capital, the group members have joined Soro Yiriwaso and are now on their eighth solidarity loan.

Mrs. Astan, the second one from left to right in the photo, is known in Darsalam and at the Médine market of Ségou thanks to her high-quality traditional cloth. She stocks up at the big market of Ségou and sometimes in Bamako. Thanks to this loan, Mrs. Astan hopes to achieve an average monthly income of 45,000 West African Francs, which she will use to reinvest in her business and cover the cost of food and condiments for her household.
Her goal is to buy a land plot in order to build a house.
View original language description ↓
Les cinq femmes du groupe Benkadi sont mariées majoritairement dans des ménages monogames avec une moyenne d’âge de 43 ans et 5 enfants par femme. Elles vivent toutes dans le quartier Darsalam de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et à travers leurs activités génératrices de revenu au marché Médine de Ségou. Elles font le petit commerce de condiments (tomate et oignon), de pagnes wax et de céréales (mil).
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 8ème prêt solidaire.
Madame Astan, en 2ème position de la gauche vers la droite sur la photo, est connue à Darsalam et dans le marché Médine Ségou pour sa vente de pagnes wax de qualité. Elle compte utiliser son prêt pour acheter, 25 pièces de pagnes wax. Elle s’approvisionne en marchandises au grand marché de Ségou et parfois à Bamako. Avec ce prêt, Madame Astan espère réaliser un bénéfice mensuel moyen de 45 000 FCFA qui sera utilisé pour être réinvesti dans l’activité et assurer le ravitaillement du foyer en condiments. Elle a pour ambition d’acheter un lot à usage d’habitation.

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
  • 17
    View loans »
    Mali Loans Fundraising
  • $10,308,425
    Funds lent in using Kiva
  • 499.2
    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 traditional cloth.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 7, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012