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Benkadi (L’Entente) Group
In this Group: Maramou , Awa , Ramata , Aminata , Maramou Moussa , Mamine , Kadiatou
Benkadi is a group of women from the Koulikoro district of Koutiala who live in large traditional extended families with their husbands, children, and other relatives. The women average 33 years of age, are married, and average four children each. This group of women does commerce in a variety of goods, such as 'pagnes' (the colorful cloth of western Africa), traditional medicines, perfumes, basins, meat, etc.

To increase the size of their businesses, the members decided to join the Soro Yiriwaso loan program. They are now on their fifth group loan.

Aminata is a member of the group Benkadi. She is standing in the middle of the photo, and she buys and sells 'pagne' cloth. She intends to use her loan to purchase 10 lengths of Wax 'pagne' cloth. She gets her supplies from the big market of Koutiala. She sells her goods retail for cash to a diverse customer base at the house and at the market.

While the other group members of Benkadi each plan on making an average profit of 118,000 francs CFA over the course of this cycle, Aminata plans on making 140,000 francs.

In addition to repaying the loans, the women use part of the revenues to cope with personnel expenses and to increase business capital.
View original language description ↓
Benkadi est un regroupement de femmes du quartier Koulikoro de Koutiala qui vivent dans de grandes familles traditionnelles avec leurs maris, enfants et autres parents. Elles ont en moyenne 33 ans, sont mariées et ont en moyenne 4 enfants.
Ce groupe de femmes fait le commerce d’articles divers tels les pagnes, les médicaments traditionnels, les parfums, les tasses, de la viande, etc.
Pour augmenter la taille de leurs activités, les membres ont décidé d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur cinquième prêt de groupe.
Aminata est un membre du groupe Benkadi, arrêtée aux milieux, qui fait l’achat vente de pagnes.
Elle compte utiliser son prêt pour acheter dix pièces de pagnes wax. Elle se procure de ses pagnes au grand marché de Koutiala. Elle vend ses articles en détail et au comptant à la maison et au marché et à une clientèle diverse.
Tandis que les autres membres du groupe Benkadi comptent réaliser un bénéfice moyen de 118 000CFA chacune au cours de ce cycle, Aminata compte réaliser 140 000FCFA.
En plus du remboursement des prêts, elles utilisent une partie du revenu pour faire face aux dépenses personnelles et augmenter son fond de commerce.

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

  • $1,100
    Average annual income
  • 18
    View loans »
    Mali Loans Fundraising
  • $11,391,850
    Funds lent in using Kiva
  • 502.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi (L’Entente) Group's $1,400 loan helped a member to purch 'pagnes' (the colorful cloth of western Africa).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013