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Benkadi Group
In this Group: Adama, Nana, Mamou, Fanta
Benkadi is a group from the Sabougnouma Association of N'tentou. The group consists of four married women who know each other from their neighborhood and family ties. On average, they are 30 years old and have four children. They all have diverse businesses, selling cosmetics, cereals, and clothing like Adama, the woman dressed all in black, is wearing. They live in large traditional families in N'tentou, which is in the Koulikoro region in the Republic of Mali.

They have had their small businesses for many years and are highly sought after by their clientèle.

To meet growing customer demand, the group members decided to join Soro Yiriwaso's loan program four years ago. They are on their sixth group loan.

Adama is very well-known in N'tentou and excels at selling clothing and cereals. She intends to use her loan to buy two bags of local rice and one bale of secondhand clothing. She gets her supplies in Bamako and from local wholesalers, and sells her products in N'tentou for retail, for cash, and on for credit to a male and female clientèle.

She hopes to earn a monthly profit of 20,000 FCFA, which would allow her to repay her loan and reinvest in her business.
View original language description ↓
BENKADI est un groupe de l’association Sabougnouma de N’tentou. Il regroupe 4 femmes mariées qui se sont connues à travers des liens de parenté et de voisinage. Elles ont une moyenne d’âge de 30 ans, 4 enfants, et mènent différentes activités telles l’achat vente de cosmétiques, de céréales et des habillements à l’image de ADAMA qui est tout de noire vêtue de la photo. Elles vivent dans des grandes familles traditionnelles à
N’tentou (Région de Koulikoro, République du Mali).
Elles sont dans le petit commerce depuis plusieurs années et sont très sollicitées dans leurs activités.
Dans le souci de satisfaire le besoin croissant de leurs clientèles, les membres du groupe ont décidé d’intégrer le programme crédit de Soro Yiriwaso il y’a 4 ans. Elles sont à leur sixième prêt solidaire.
ADAMA, qui est très connue à N’tentou et excelle dans la vente d’habillements et de céréales. Elle compte utiliser son prêt pour acheter, 2 sacs de riz local et 1 balle de friperie. Elle s’approvisionne à Bamako et sur place auprès des grossistes et vend ses produits à N’tentou, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 20.000FCFA somme qui lui permettra de rembourser le prêt et de réinvestir dans son activité.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $11,463,475
    Funds lent in using Kiva
  • 502.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $600 loan helped a member to buy various items such as rice and clothing to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Jan 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013