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Bendiya Group
In this Group: Fatoumata , Maïmouna , Nanou , Aïssa , Oumou , Salimata
The members of the Bendiya group are married women, living mainly in polygamous families, on the average 45 years of age with four children. They all live in the Bougofié neighborhood of Sgou (the fourth administrative region of Mali) and know each other as relatives and neighbors. The group members buy and resell bread loaves, rice, mangoes, shallots and heating wood.
With the goal of bolstering their working capital, the group members have decided the Soro Yiriwaso loan program and are now on their third solidarity loan.

Mrs. Salimata (the first one from right to left in the photo) sells cereals at the Château market of Segou. She plans to use her loan to buy three bags of rice from vendors at the big market of Segou. She sells retail, for cash and on credit, out of her home and at the Château market of Segou, to a customer base composed mainly of men.

Thanks to this loan, Mrs. Salimata plans to achieve a monthly income of 50,000 West African Francs, which will be used to reinvested in the business and cover the costs of condiments for the household. Mrs. Salimata has a goal of stabilizing her business thanks to this partnership with Soro Yiriwaso.
View original language description ↓
Les six femmes du groupe Bendiya sont mariées majoritairement dans des familles polygamiques avec en moyenne 45 ans et 4 enfants. Elles habitent toutes le quartier Bougoufié de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de parenté et de voisinage. Les membres du groupe font l’achat et la vente des miches de pain, du riz, des mangues, d’échalotes et de bois de chauffe. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont décidé d’adhérer au programme crédit de Soro Yiriwaso et sont à leur 3ème cycle de prêt solidaire.
Madame Salimata (1ère femme debout sur la photo de la droite vers la gauche) est une vendeuse de céréales au marché Château de Ségou. Elle compte utiliser son prêt pour acheter, 3 sacs de riz avec les forains de Niono, au grand marché de Ségou; La revente se fait en détail au comptant et à crédit, à domicile et au marché Château de Ségou, à une clientèle composée majoritairement d’hommes.
Madame Salimata compte réaliser avec ce prêt un bénéfice mensuel moyen de 50 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et prendre en charge les besoins du foyer en condiments. Madame Salimata a pour objectif de pérenniser son activité 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
  • 129
    View loans »
    Mali Loans Fundraising
  • $11,288,400
    Funds lent in using Kiva
  • 505.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Bendiya Group's $900 loan helped a member to buy rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012