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Benkadi Group
In this Group: Fanta , Oumou , Djèkè , N’Ta , Nièba , Kadiatou , Fanta , Doumbely , Djèkè
Mainly married in monogamous households and on average 44 years old with five children, the nine women of the Benkadi group all live in the Darsalam area of Ségou (the 4th administrative region of Mali) and know each other through neighbourhood relations, familial links, and their businesses at the Médine Ségou market. They run businesses selling soap, bed covers, cereals (millet and rice), pagnes wax (brightly printed West African cloth), and damask. With the goal of expanding their business, the group members joined Soro Yiriwaso and are on their tenth solidarity (group) loan.
Kadiatou (all the way on the right in the photo) is a major merchant in Darsalam and at the Médine Ségou market, specializing in high quality pagnes wax and damask. She intends to use her loan to buy 21 sets of pagnes wax and damask. She gets her supplies at the grand market in Ségou and sometimes in Bamako. With this loan, Kadiatou hopes to realize an average monthly profit of 70,000 FCFA, which will be used to reinvest in her business and provide for her children's educational and other needs. Like the other women in the group, her ambition is to buy a plot of land to live on with the savings built up with Soro Yiriwaso.
Mariées majoritairement dans des familles monogames avec une moyenne d’âge de 44 ans et 5 enfants, les neuf femmes du groupe Benkadi vivent toutes dans le quartier Darsalam de Ségou (4ème région administrative du Mali) et se sont connues à travers des liens de voisinage, de parenté et à travers leurs activités génératrices de revenu au marché Médine de Ségou. Elles font le commerce de savon, couvre lits, céréales (mil et riz), pagnes wax et bazin. Dans le but d’augmenter leurs fonds de commerce, les membres du groupe ont intégré Soro Yiriwaso et sont à leur 10ème prêt solidaire.
Kadiatou (femme en 1ère position de la droite vers la gauche sur la photo) est une grande vendeuse à Darsalam et dans le marché Médine Ségou de pagnes wax de qualité et de bazins. Elle compte utiliser son prêt pour acheter 21 pièces de pagnes wax et bazins. Elle s’approvisionne en marchandises au grand marché de Ségou et parfois à Bamako. Avec ce prêt, Kadiatou espère réaliser un bénéfice mensuel moyen de 70 000 FCFA qui sera utilisé pour être réinvesti dans l’activité, assurer l’entretien et le scolarisation des enfants. Tout comme les autres femmes du groupe, elle a pour ambition d’acheter un lot à usage d’habitation avec l’épargne constituée avec Soro Yiriwaso.

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
  • 26
    View loans »
    Mali Loans Fundraising
  • $9,945,750
    Funds lent in using Kiva
  • 492.7
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $2,750 loan helped a member to buy pagnes wax (brightly printed West African clothing) and damask.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 23, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013