Check out some available loans that are similar to this one!
Benkadi Group
In this Group: Awa *, Sata , Diara , Assanatou , Aminata, Elizabeth , Mariam , Mariam
* not pictured
The seven women from the Benkadi group are for the most part married in traditional families with an average age of 40 and on average four children. They all live in the town of Sikasso and have known each other through ties of kinship, neighborhood, and their professional activities.

They sell clothing, cereals, various items, firewood, kitchen utensils and condiments. In order to increase their working capital, the members of the group joined Soro Yiriwaso and this is their fifth group loan.

Mrs. Aminata, seating in the middle, plans on buying 15 cartloads of firewood. She gets her supplies locally in Sikasso from the farmer growers. She sells at home to customers who are men and women. With this loan, Mrs. Aminata plans on making an average monthly profit of 40,000 Francs CFA that will be used to reinvest in the business and provide for some of the household expenses.
View original language description ↓
Mariées majoritairement dans des familles traditionnelles avec une moyenne d’âge de 40 ans et 4 enfants, les sept femmes du groupe Benkadi habitent toutes dans la ville de Sikasso et se sont connues à travers des liens de parenté, de voisinage et de leurs activités professionnelles.
Elles font de la vente des habits, de céréales, des articles divers, du bois de chauffe, des ustensiles de cuisine et des condiments.
Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 5ème cycle de prêt solidaire.
Madame Aminata, assise au milieu, compte utiliser son prêt pour acheter, 15 chargements de charrette en bois de chauffe. Elle s’approvisionne sur place à Sikasso auprès des paysans producteurs et effectue ses ventes à domicile, à une clientèle composée d’hommes et de femmes. Madame Aminata compte réaliser avec ce prêt 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
  • 26
    View loans »
    Mali Loans Fundraising
  • $9,975,475
    Funds lent in using Kiva
  • 533.9
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,500 loan helped a member to buy firewood.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013