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Benkola Group
In this Group: Kadia, Mariam Amadou , Kadia, Assan , Korotoumou , Fatoumata, Djeneba , Inda , Mariam
Benkola is a group made up of married women and one single woman with an average age of 34, on average 3 children and all living in extended, traditional family settings in the town of Barouéli, 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 clothing, soap, shoes and food. The women of the Benkola group are on their 11th group loan.

Mariam (2nd from the left in the photo) is planning on buying 50 cartons of BT soap and 20 cartons of Koulikoro soap from the resellers in Barouéli, so that she can sell them locally, door-to-door and on the streets of Barouéli, to a clientele made up of women and men. She expects to make an average monthly profit of 120 000 francs, which will be used to meet her family's needs and to diversify her business by adding groundnuts.
Benkola est un regroupement composé de femmes mariées et une célibataire, ayant en moyenne 34 ans, 3 enfants et vivant toutes dans des familles traditionnelles élargies dans la ville de Barouéli, 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 des habillements, du savon, des chaussures et de la nourriture.
Les femmes du groupe Benkola sont à leur onzième prêt solidaire.
La cliente MARIAM, deuxième personne de la gauche vers la droite, compte acheter avec les revendeurs de Barouéli, 50 cartons de savon BT et 20 cartons de savon Koulikoro, pour ensuite les vendre sur place à domicile et en ambulante dans la ville de Barouéli à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 120 000FCFA qui sera utilisé pour les besoins de la famille et dans la diversification de son activité en menant le commerce de l’arachide.

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
  • 147
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 508.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkola Group's $3,550 loan helped a member to buy soap.
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