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Benkadi Group
In this Group: Ami , Djeneba, Aichata , Ramatou, Awa
The 5 female members of the Benkadi group are mostly married, with an average age of 28 and, on average, 3 children. They primarily live in polygamous family settings in Ouayerma I, one of the popular districts of the town of Sikasso. They are on their second group loan with the Soro Yiriwaso microfinance institution, in order to be able to satisfy their customers' needs. The previous loan was fully settled.

Aichata, standing on the left of the picture, is the Benkadi group member who sells fruit and vegetables. She plans to use her loan to buy baskets of fruits and vegetables; bananas, oranges, fresh tomatoes and aubergines. She resells them for cash to a clientèle composed of men and women. She gets her supplies from villages neighbouring the town of Sikasso and often at the Sikasso Grand Market. She expects to make an average monthly profit of 27 500 francs, part of which will be used to repay the loan and interest, whilst the rest is used to build up her savings.
Les cinq membres du groupe BENKADI est constitué essentiellement de femmes mariées avec une moyenne d’âge de 28 ans, et en moyenne 3 enfants. Elles vivent la plupart dans des familles polygamiques à OUAYERMA I un des quartiers populaires de la ville de Sikasso. Elles sont à leur deuxième prêt avec l’institution de micro finance Soro Yiriwaso afin de satisfaire le besoin de leur clientèle. Le prêt antérieure a été bien dénoué.
AICHATA 1ère debout à gauche sur la photo fait le commerce de fruits et légumes à dans ce groupe de femmes BENKADI. Elle compte acheter avec son prêt des paniers de fruits et légumes : bananes, oranges, tomate fraîche et aubergines. Elle les revend au comptant à sa clientèle composée d’hommes et de femmes. Elle s’approvisionne dans les villages avoisinants de Sikasso et souvent au grand marché de Sikasso ville.
Elle envisage réaliser un bénéfice mensuel moyen de 27.500 FCFA dont une partie est utilisée pour payer le prêt et son intérêt et l’autre pour son épargne .

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
  • 27
    View loans »
    Mali Loans Fundraising
  • $10,400,425
    Funds lent in using Kiva
  • 502.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $750 loan helped a member to buy fruits and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013