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Benkadi Group
In this Group: Kadiatou , Mamina , Maramou Moussa , Aminata , Ramata , Nassa , Maramou , Awa
All married in traditional extended families, the women of group Benkadi are on average 37 years old with five children. They all reside in the city of Koutiala in Sikasso region (third administrative region of Mali). They got to know each other as neighbors, relatives, and professionals. They buy and sell local cloth, traditional medicine, vegetables, and firewood.
To increase their working capital, the group's members decided to join Soro Yiriwaso’s loan program; they are on their fourth solidarity group loan.
Mamina, in second position from the left in the photo, is a great retailer of local cloth and of all sorts of medicine. Mamina is very much in demand and very appreciated for the quality of her fabrics and medicine. She is planning on using her loan to purchase ten assorted pieces of fabric from local wholesalers. She retails to a clientele of men and women against cash and credit.
With this loan, Mrs. Mamina hopes to make an average monthly profit of 40,000 FCFA, which will be partly reinvested in her business and partly used to cover some household expenses.
View original language description ↓
Toutes mariées dans des familles traditionnelles élargies, les femmes du groupe BENKADI ont en moyenne 37 ans et 5 enfants. Elles habitent toutes dans la ville de Koutiala, région de Sikasso (3ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et de leurs activités professionnelles. Elles font l’achat et la vente des pagnes, des médicaments traditionnels, des légumes, et du bois de chauffe.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso et sont à leur quatrième prêt de groupe solidaire.
Mamina, arrêtée en deuxième position de la gauche vers la droite sur la photo, est une grande vendeuse de pagnes et de médicaments de toutes sortes. Mamina est très sollicitée et appréciée pour la qualité de ses pagnes et de ses médicaments.
Elle compte utiliser son prêt pour acheter, dix pièces de pagnes de diverses sortes, auprès des grossistes de la place et effectue ses ventes en détail, au comptant et à crédit à une clientèle composée d’hommes et de femmes.
Avec ce prêt, Madame Mamina espère réaliser un bénéfice mensuel moyen de 40.000 FCFA qui sera utilisé pour être réinvesti dans l’activité et prendre en charge certains besoins du foyer.

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
  • 19
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 497.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,625 loan helped a member to buy local cloth.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012