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Benso Group
In this Group: Ada, Fanta, Alima , Mariam
BENSO is a group which is part of the Kelegna association of Ouelessebougou. It is made up of four married women who know one another through family and neighborhood ties. On average, they are 30 years old and have three children each. They are involved in various activities: Ada, second from the left in the photo, buys and sells grains; other members of the group buy and sell other various goods. They all live in large traditional families in Ouelessebougou, in the Cercle of Kati (Koulikoro Region, Republic of Mali).

The members of this group have been working in small retail business for several years, and their goods are in high demand. Eager to meet their customers' increasing needs, they have decided to join the loan program offered by Soro Yiriwaso. This is their first solidarity loan.

Ada is a very popular seller in Ouelessebougou and she excels in the sale of grains. She plans to use her loan to buy five bags of maize. She buys her goods from wholesalers, locally and in surrounding villages, and she resells her merchandise in Ouelessebougou, for cash or on credit, to a retail customer base consisting of men and women.

She is expecting to make a monthly profit of 15,000 CFA francs, a sum which will allow her to repay her loan and to reinvest in her business.
View original language description ↓
BENSO est un groupe de l’association Kelegna de Ouelessebougou. 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 et trois enfants, elles mènent différentes activités telles l’achat vente de céréales à l’image de ADA qui est la deuxième de la gauche vers la droite de la photo et des articles divers. Elles vivent dans des grandes familles traditionnelles à Ouelessebougou, dans la préfecture de Kati (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 leur clientèle, les membres du groupe décident d’intégrer le programme crédit de Soro Yiriwaso. Elles sont à leur premier prêt solidaire.
ADA, très connue à Ouelessebougou, excelle dans la vente de céréales. Elle compte utiliser son prêt pour acheter, 5 sacs de maïs. Elle s’approvisionne dans les villages environnants et sur place auprès des grossistes et vend à Ouelessebougou, en détail, au comptant et à crédit, à une clientèle composée d’hommes et de femmes.
Elle espère sur un bénéfice mensuel de 15.000FCFA 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

  • $1,200
    Average annual income
  • 27
    View loans »
    Mali Loans Fundraising
  • $9,921,450
    Funds lent in using Kiva
  • 502.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benso Group's $400 loan helped a member to buy grains.
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