Check out some available loans that are similar to this one!
Benkadi Group
In this Group: Awa , Djènèba , Assetou , Marama
The four women in Benkadi group are mostly married within polygamous families. They are on average 45 years old and have three children. They are from Pelengana, center of the rural community in the Ségou region (4th administrative region of Mali). They know each other as neighbors, family friends, and business partners within the market Chateau Segou. They are in the business of selling condiments (shallots, tomatoes, peppers...), fire wood and bazin cloth.
In an effort to boost sales and restock their inventory, the group joined Soro Yiriwaso. They are on their 5th round of financing.
Mrs. Assetou (1st woman standing on the left of the photo) is a big seller of condiments at the market Château in Ségou. She intends to buy 1,300 tons of shallots from the farmers in a Niger region. The condiments are resold to accounts and on credit at the market Château in Ségou to mostly women clients. Mrs. Assetou is planning with the loan to derive an average monthly profit of 70,000 cfa francs. The profits will be reinvested in the business and to take care of the health and schooling needs of her children. Mrs. Assetou's goal is to eventually become a wholesaler with the help of the Soro Yiriwaso loans.
View original language description ↓
Les quatre femmes du groupe Benkadi sont mariées majoritairement dans des familles polygamiques, elles ont en moyenne 45 ans et 3 enfants. Elles vivent à Pelengana, chef lieu de commune rurale dans la région de Ségou (4ème Région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté, de mariage et de leurs activités génératrices de revenu dans le marché Château de Ségou. Les membres du groupe font le petit commerce de, condiments (échalotes, tomates, poivres, …), bois de chauffe, mil et pagnes bazins.
Dans le but d’augmenter leurs fonds de commerce afin de se ravitailler au comptant, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 5ème cycle de prêt solidaire.
Madame Assetou (1ère femme en position debout sur la photo de la gauche vers la droite) est une grande vendeuse de toutes sortes de condiments dans le marché Château de Ségou. Elle compte utiliser son prêt pour acheter 1,300 tonnes d’échalotes avec les paysans dans la zone de l’office du Niger. La revente se fait au comptant et à crédit à domicile dans le marché Château de Ségou à une clientèle composée majoritairement de femmes. Madame Assetou compte réaliser avec ce prêt un bénéfice mensuel moyen de 70 000 FCFA qui sera utilisé, pour être réinvesti dans l’activité et assurer les besoins du foyer en soin de santé et de scolarisation des enfants. Madame Assetou a pour objectif de devenir grossiste dans son activité avec cet appui de 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
  • 17
    View loans »
    Mali Loans Fundraising
  • $10,188,875
    Funds lent in using Kiva
  • 511.5
    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 purchase shallots.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013