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Benkadi Group
In this Group: Assan , Assan , Mariam, Dala
The Benkadi group is composed of married women and widows who have an average age of 38, an average of 3 children and who all live in traditional family settings in the town of Barouéli, the district's main town in the Ségou region (fourth administrative region of the republic of Mali). The women got to know each other through family and neighbourly relationships, and bonds of friendship. They sell henna power, clothing, mirrors and food. The women of the Benkadi group are on their 6th group loan, having correctly repaid the 5 previous ones.

Mariam (sitting, in a blue boubou) is planning to buy 4 bags of henna powder destined for Burkina and Fana from the resellers of Barouéli. She gets the fabrics on her return from Burkina and sells them locally door-to-door in Barouéli to a clientele composed of women and men. She expects to make an average monthly profit of 110 000 francs, which will be used to meet the family's needs and to reinvest in her henna and clothing sales business.
Le groupe Benkadi est composé de femmes mariées et de veuves, qui ont en moyenne 38 ans, 3 enfants et qui vivent toutes dans des familles traditionnelles élargies dans la ville de Barouéli, chef lieu de commune; Région de Ségou (quatrième région administrative de la république du Mali).
Elles se sont connues à travers des liens de parenté, de voisinage et d’amitié. Elles font le commerce de la poudre de henné, des habits, des miroirs et de la nourriture.
Les femmes du groupe Benkadi sont à leur sixième prêt solidaire, après avoir correctement remboursés les cinq précédents.
La cliente MARIAM, assise en boubou bleu, compte acheter avec les revendeurs de Barouéli , 4 sacs de poudre de henné, destinée pour le Burkina et Fana. Elle achète des tissus au retour de Burkina, ces tissus sont vendus sur place à domicile dans la ville de Barouéli à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 110 000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de commerce de henné et d’habillements.

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
  • 152
    View loans »
    Mali Loans Fundraising
  • $11,246,625
    Funds lent in using Kiva
  • 508.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,575 loan helped a member to buy henna powder and fabrics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012