Check out some available loans that are similar to this one!
Benkadi Group
In this Group: Sira , Fanta , Sadjo , Rokia , Chitan , Faty
Benkadi is a group made up of women with an average age of 32 and, on average, 3 children and who all live in extended, traditional family settings in the village of Solomanibougou, Marka Coungo commune, Dioïla prefecture, Koulikoro region (second administrative region of the Republic of Mali). They got to know each other via family and neighbourly relationships, and friendships. They sell shea butter, condiments, milk and cakes. The women of the Benkadi group are on their 6th group loan.

Chitan, standing on the far right in the picture, plans to buy 10 kilos of shea butter from the resellers during the market days in Marka Coungo. She resells it in small pieces in her village to a clientèle made up of women and men. She expects to make an average monthly profit of 10 000 francs, part of which will be used to take care of her family's needs and part of which will be reinvested in her shea butter-selling business.
Benkadi est un groupe composé de femmes qui ont en moyenne 32 ans, 3 enfants et qui vivent toutes dans des familles traditionnelles élargies dans le village de Solomanibougou, commune de Marka Coungo, préfecture de Dioïla, Région de Koulikoro (deuxième 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 de beurre de karité, de condiments, du lait et de gâteaux.
Les femmes du groupe Benkadi sont à leur sixième prêt solidaire.
La cliente CHITAN, première personne à partir de la droite, compte acheter dix kilos de beurre de karité pendant les jours de foire au marché de Marka Coungo avec les revendeurs, elle revend au village en petit morceau à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 10.000FCFA qui sera utilisé pour ses besoins de famille et une partie est réinvestie dans son activité de commerce de beurre de karité.

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
  • 28
    View loans »
    Mali Loans Fundraising
  • $10,400,425
    Funds lent in using Kiva
  • 489.8
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $325 loan helped a member to buy shea butter.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013