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Benkadi Group
In this Group: Oumou, Boury , Awa , Sira , Kadia , Bintou
The Benkadi group is made up of married women and widows. The mean age of the group members is 38 years old, and each woman has, on average, three children. The women live in large traditional families in the town of Konobougou, in the Ségou Region (fourth-largest administrative region in the Republic of Mali).

The group members met one another through family, neighbors, and friends. They sell clothing and milk, and they prepare food.

The Benkadi group is on its nineteenth group loan.

BINTOU (the person farthest to the right in the photo) plans to buy damask fabric for dyeing from retailers in Bamako. She will then dye the fabrics and sell them from home and at the market to a clientele of both men and women.

She sees herself earning an average monthly profit of 60,000 FCFA, part of which she will use to buy necessities for her family. She will reinvest the rest of her profits in her dyeing business.
View original language description ↓
Les femmes du groupe Benkadi, composé de femmes mariées et de veuves, ont en moyenne 38 ans, 3 enfants et vivent toutes dans des familles traditionnelles élargies dans la ville de Konobougou, 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 d’habillements, du lait et la restauration.
Les femmes du groupe Benkadi sont à leur dix neuvième prêt solidaire.
BINTOU, première personne à partir de la droite, compte acheter des tissus bazin pour la teinture avec les revendeurs de Bamako pour ensuite teinter les tissus qui seront vendus sur place à la maison et au marché à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 60 000FCFA qui sera utilisé pour les besoins de la famille et une partie est réinvestie dans l’activité de teinture.

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
  • 10
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 512.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,775 loan helped a member to buy fabric and dyes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013