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Benkadi Group
In this Group: Djelika , Fatoumata , Ramatou , Djelika , Kadia , Sékou Nah
Married for the most part in polygamous families, the six women of the group Benkadi average 43 years of age and six children each. The women all live in the village of Massala, the seat of the Rural Commune, in the Region of Ségou (4th administrative region of Mali). They know one another through the village fair. The group members have small-scale businesses involving condiments (tomatoes, onions, …), tubers, and grain.

With the goal of increasing their business capital, the group members found out how to join [the microfinance institution Soro Yiriwaso] and are now on their second solidarity loan cycle.

Ms. Ramatou (second woman from the right in the photo) is a major seller of grain in the village. She intends to use her loan to buy 4 sacks of millet. She resupplies herself with rice at the big market of Ségou from wholesalers from Niono. Cash or credit, the retail sales are made at the fair and out of her house to a customer base composed of men and women.

With the loan, Ms. Ramatou plans to make an average monthly profit of 35,000 francs CFA that will be used for reinvesting in her business and meeting household needs in terms of basic necessities. Just like the other women of the group, she has the goal of devoting her time to raising small ruminants in this partnership with Soro Yiriwaso.
View original language description ↓
Mariées majoritairement dans des familles polygamiques, les six femmes du groupe Benkadi ont en moyenne 43 ans et 6 enfants par femme. Elles habitent toutes dans le village de Massala chef lieu de commune rurale dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens dans la foire du village. Les membres du groupe font le petit commerce de condiments (tomate, oignon, …), de tubercules et de céréales. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont connu intégré et sont à leur 2ème cycle de prêt solidaire.
Madame Ramatou (2ème femme sur la photo de la droite vers la gauche) est une grande vendeuse de céréales dans le village. Elle compte utiliser son prêt pour acheter 4 sacs de mil. Elle se ravitaille en riz au grand marché de Ségou avec les forains de Niono en gros. La revente se fait au comptant et à crédit à domicile et à la foire du village à une clientèle composée d’hommes et de femmes. Madame Ramatou compte réaliser avec ce prêt un bénéfice mensuel moyen de 35 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et assurer les besoins du foyer en produits de premières nécessités. A l’image des autres femmes du groupe, elle a pour objectif de s’adonner à l’élevage des petits ruminants dans ce partenariat avec Soro Yiriwaso.

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
  • 12
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 500.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,200 loan helped a member to buy grain.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012