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Bendia Group
In this Group: Sockona , Tenin , Bafoune , Mariam , Adja , Nene , Kati , Magnini , Paye
The women of the Bendia group all are married. On average they are 37 years old with 3 children, and all live in extended traditional families in the village of Madoudiarrabougou, Fana prefecture.

They met through connections with family and friends, and in the neighborhood. The women sell condiments, grains and clothing.
They are on their third group loan, and the three previous loans have all been repaid with no problems.

Sockana, first on the right, standing, plant to buy a dozen outfits from suppliers in Dioïla. She will then re-sell them in the village, for cash and on credit, to customers who are both men and women.

She expects to make an average monthly profit of 35,000 CFA francs, which she will use to meet her personal needs and those of her children.
View original language description ↓
Les femmes du groupe Bendia, toutes mariées, ont en moyenne 37 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Madoudiarrabougou, sous préfecture de Fana.
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de condiments, de céréales et d’habillements.
Les femmes du groupe Bendia sont à leur quatrième prêt solidaire, après avoir remboursés sans difficulté les trois précédents.
SOCKONA, première personne à partir de la droite dans le rang des debouts, compte acheter une douzaine d’habits auprès des fournisseurs de Dioïla pour ensuite les revendre au village, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle envisage réaliser un bénéfice moyen mensuel de 35 000FCFA qui sera utilisé pour faire face aux besoins personnels et de ses enfants.

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
  • 15
    View loans »
    Mali Loans Fundraising
  • $10,173,725
    Funds lent in using Kiva
  • 491.6
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bendia Group's $2,300 loan helped a member to buy clothing.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2012
Listed
Apr 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 20, 2012