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Benkadi Group
In this Group: Ayira Bakary, Matou Ble , Korotoumou , Awa Karim , Fanta , Korotoumou, Mamine, Fatoumata , Djeneba , Magne
The group Benkadi is composed of married women who average 41 years of age and four children each, all living in traditional extended families in the village of Tomba, in Région de Koulikoro (2nd administrative region of the Republic of Mali). The women know one another through ties of kinship, community, and friendship. They do commerce in condiments, tubers, and soaps, and they raise livestock. The women of the group Benkadi are on their third solidarity loan.

This client, KOROTOUMOU, who is the second person standing from the right, intends to purchase some condiments (a bag of salt, two baskets of tomatoes, 5 kg of onions, and a packet of Maggi cubes) from Nangola retailers. She resells them locally in the village to a customer base composed of men and women.

She envisions making an average monthly profit of 15,000 francs CFA that will be used to meet family needs. Part of the profits will be reinvested in the condiments business.
View original language description ↓
Le groupe Benkadi, composé de femmes mariées, ont en moyenne 41 ans, 4 enfants et vivent toutes dans des familles traditionnelles élargies dans le village de Tomba, 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 condiments, de tubercules, de savon et font l’élevage.
Les femmes du groupe Benkadi sont à leur troisième prêt solidaire.
La cliente KOROTOUMOU, deuxième personne à partir de la droite dans le rang des débout, compte acheter des condiments (un sac sel, deux paniers de tomate, cinq kilos d’oignons et un paquet de cube Maggi) avec les revendeurs de Nangola, qu’elle revend sur place dans le village à une clientèle composée de femmes et d’hommes.
Elle envisage réaliser un bénéfice moyen mensuel de 15 000FCFA qui sera utilisé pour ses besoins de la famille et une partie est réinvestie dans l’activité de commerce de condiments.

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
  • 22
    View loans »
    Mali Loans Fundraising
  • $9,946,875
    Funds lent in using Kiva
  • 502.3
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $1,000 loan helped a member to purchase condiments to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013